Exporting News

Learn the latest exporting news and expert advice from our team of consultants. From advice on starting trading on the international stage to how to identify profitable markets, as well as the key exporting news you need to know about, we’ll be posting the content you need to read right here. 

ireland brexit exporting

Concern for Irish exporters as sterling drops on rising no-deal fears

Irish exporters to the UK are facing a ‘severe threat’ as sterling hit a two-year low.  With the arrival of new Prime Minister, Boris Johnson and a more steadfast approach to 31st October as Brexit day, the pound saw its value slide with the possibility of no-deal becoming increasingly likely.  Marry that with comments from

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public support free trade agreements

Two in three of the UK public support free trade deals

New data has shown that 66% of the UK public supports free trade deals, with just 3% opposing them. That’s the findings of the Department for International Trade’s first ‘public attitudes to trade’ tracker, a survey of 2,400 people across the UK that aims to calculate people’s changing attitudes to trade over time. Giving reasons

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‘Speed up no-deal preparations’ IoD warns British businesses

The Institute of Directors has warned businesses to pick-up the pace of no-deal Brexit preparations, saying British businesses have made little progress in planning for a hard exit this October.  The group said that businesses ‘cannot afford to put their faith in politicians to produce a Brexit resolution’.  A survey conducted of its members found

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UK exports increase

UK exports increase for third consecutive year

The value of goods exports has increased once again across all four regions of the UK as demand for British products continues to grow overseas.  Through the 2018/19 financial year, Scotland recorded the highest growth, whilst Wales and Northern Ireland also returned strong international trade increases. England continues to deliver the highest trade value with

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Scottish food & drink exports rise to record £1.4 billion

International sales of Scottish food and drink have surged to a record-breaking £1.4 billion in Q1 2019.  A healthy increase of 14% since last year, latest figures highlight strong demand in particular for Scottish salmon and, of course, whisky, which accounted for three-quarters of all export sales last year.  On the latest figures, Food Minister

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brexit delay prepare business

Brexit delayed again, but your preparations must go on

By Mike Wilson In my last article writing for Cheshire Media Magazine, I speculated that there could be a delay to Brexit beyond the March 29th planned exit, yet questioned whether giving the politicians more time to argue would make any real difference? Unfortunately, it turns out I was right and we sit here today,

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Asian markets the fastest growing for UK exporters

Asian markets the fastest growing for UK exporters

Data from the ONS has revealed that the 5 fastest growing export markets for UK businesses are in Asia. Figures released last month highlighted 40.8% growth in Taiwan, followed by 19.3% export growth in India. Other emerging markets seeing significantly higher growth than the average of 2.7% for UK firms include Nigeria (up 18.3%), Thailand

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sme brexit

Majority of small businesses feel unsupported as Brexit beckons

Over three-quarters of small businesses in the UK feel unsupported ahead of Brexit, according to a new report. A survey carried out by Simply Business uncovered that 76% of the 1,200 small business owners they asked feel like they lack the support they need in the run-up to the UK leaving the European Union, whilst

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customs training fund

Government extends £8m customs training application deadline

HMRC has extended the deadline of its customs training fund until 31st May 2019 to help businesses prepare for Brexit. The £8m fund, which was announced in October last year, is designed to help businesses prepare for a no-deal scenario and includes funding to train intermediaries and traders completing customs declarations, IT improvement funding and

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UK economy has missed out on £550m a week since EU referendum

UK economy has missed out on £550m a week since EU referendum

A new report has suggested that Brexit has cost the UK economy £550m in lost growth since the referendum in June 2016 – £66bn worse off in just three years. That’s according to Standard & Poor’s Brexit report, which noted the fall in the value of sterling as one of the primary factors affecting potential

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Less than Lush Brexit outlook for cosmetics giant

The head of bathbomb and scented soap retailer Lush has given an insight into the potential damage a no-deal Brexit could cause to his business. Mark Constantine has lambasted the government’s approach to negotiations and its attitude towards businesses as the firm’s financials took a swung from a £23m profit to £4m operating loss last

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