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. 

Trade between UK and EU won't 'collapse overnight' without agreement

Trade between UK and EU won’t ‘collapse overnight’ without agreement

An economist has reminded those fearing the consequences of a no-deal Brexit that trade won’t simply ‘collapse overnight’ if no agreement is reached before the end of the transition period.  Catherine McBride has noted that demand from both businesses and consumers will continue to drive trade and investment between the two sides – though that

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Post-Brexit trade deal with Japan hits unlikely snag

Post-Brexit trade deal with Japan hits unlikely snag

Trade talks between the UK and Japan over a post-Brexit trade deal were by all reports going in the right direction with both sides suggesting an agreement could be in place by the end of the month.  However, talks appear to have hit something of a hold-up. The culprit? Stilton cheese.  Talks have apparently been

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No-deal Brexit could relegate UK to minor leagues

No-deal Brexit could relegate UK to minor leagues

The former head of the World Trade Organisation has warned that a no-deal outcome to Brexit negotiations could relegate the UK from the top tier of world trade.  Pascal Lamy, who headed the WTO between 2005 and 2013, commented in a discussion with CoronaNonics that the UK faces a stark choice between minor or great

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Brexit business opportunity

Brexit: the greatest business opportunity for a generation?

We hear a constant stream of news and expert opinion about the significant challenges Brexit will bring to UK exporters, it almost feels like a doomsday scenario! Yes, we need to be prepared and there will be changes to the way we do business, but what about the opportunities?  There are not a lot of

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manufacturing brexit

How Brexit may impact the UK manufacturing sector

As the UK government and European Union negotiators continue in their search for a mutually-agreeable trade agreement, businesses have to carry on preparing for the end of the transition period as best as possible.  Whilst no future deal is guaranteed, what is almost certain is a change in the way the two parties do trade

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UK formally tells EU Transition Period won’t be extended

UK formally tells EU Transition Period won’t be extended

The UK government has formally notified the European Union that it won’t be seeking an extension to the Transition Period and wouldn’t accept one should it be offered.  Following the announcement, the government set out details of its accelerated border planning for controls on EU goods coming into the Great British marketplace from January 1st

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UK trade talks with Japan get underway

UK trade talks with Japan get underway

The UK has begun the first round of trade negotiations with Japan in the first step of government plans to join the Comprehensive Progressive Agreement for Trans-Pacific Partnership (CPTPP) – a trading region which covers nearly 500 million consumers from Australia and New Zealand to Chile, Canada and Peru amongst others. Designated ‘a key UK

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UK SMEs diverting exports away from the EU

UK SMEs diverting exports away from the EU

The UK’s smallest exporting firms are reportedly ‘jumping before they’re pushed’ by selling products away from the EU.  Some £10bn in exports have been diverted to other international markets over the last four years according to research from Aston University in what it calls evasive action from businesses to mitigate the damage of a potential

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Be prepared for no-deal Brexit, BoE warns lenders

Be prepared for no-deal Brexit, BoE warns lenders

The Bank of England has warned lenders to bolster their no-deal Brexit planning in the event of a cliff-edge departure from the European Union at the end of the year.  Governor Andrew Bailey, who in his first few months in the role has already had a pandemic crisis to deal with, has called on financial

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food exports fall coronavirus

Q1 food and drink exports fall by £700 million

The coronavirus pandemic has hit food and drink exports hard with a £700 million drop in value compared to 2019, equating to a 12.7% fall.  That’s according to the Food and Drink Federation who noted whisky, chocolate, cheese, salmon and gin as the hardest hit, pulling back on increasing demand over the last five years

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Government to guarantee trade credit insurance from the end of May

Government to guarantee trade credit insurance from the end of May

The government has agreed to temporarily guarantee trade credit insurance to support businesses struggling to get cover during the pandemic.  The guarantee will help both domestic and exporting companies within the supply chain.  With almost all sectors being financially impacted due to coronavirus, some firms have seen the number of payment defaults increase, making it

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UK SMEs hopeful US trade deal could mitigate coronavirus damage

UK SMEs hopeful US trade deal could mitigate coronavirus damage

As UK-US talks on a free trade deal officially get underway, there’s hope in the SME community that an opportunity arises which will help mitigate some of the damage caused by Covid-19.  Almost 200 negotiators will be locked in detailed discussions, via video call, every six weeks in a deal that could see UK-US trade,

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