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We’re very much into the final straight of EU negotiations but despite wranglings of the Irish border and varying preferred versions of Brexit from within British politics, a favourable deal offer is already on the table – and has been from the very start. That’s according to Jean-Claude Juncker, President of the European Commission, who
It’s been another topsy-turvy few weeks in the business of Brexit as Labour reaffirmed its position and likelihood of rejecting pretty much any deal which Theresa May manages to bring back from Brussels. But towards the back-end of this week, the rhetoric has become slightly more positive with the chances of a Brexit deal having
There appears to be something of a thought gap when it comes to Brexit and business. On the one hand, various politicians thought leaders and media outlets will tell you the disaster that will incur after leaving the EU – especially in a no-deal scenario. But the other hand, held by businesses on the ground
A joint report by Google and Temasek Holdings has predicted that the Southeast Asian internet economy is expected to be worth $200bn within the next seven years. The report, called ‘e-Conomy Southeast Asia Spotlight 2017’, noted that growth last year outstripped expectations by 35%, worth $50bn at the end of the year. E-Commerce sales have
A new study has found that three-quarters of UK small and medium-sized businesses currently exporting are yet to factor in and formulate a specific post-Brexit strategy. The report, released by the Chartered Institute of Marketing and PwC Research, warned that whilst many firms are expecting to see export volumes and revenues grow over the next
Liam Fox has written an article for The Sun in which he encourages Britain’s small businesses to become ‘intrepid exporters’ whilst reinforcing the view that Brexit is a pathway by which the UK can become a trading superpower. The International Trade Secretary has been busy on the public relations front, sharing positive and motivational business
A new export strategy from the UK government aims to boost total exports to 35% as a proportion of GDP. The new plans aim to ‘make Britain a 21st century exporting superpower’ after extensive consultation with local businesses across sectors. Plans also set out targets to increase productivity, wages and job security. International Trade Secretary,
Over 5,000 UK companies paused exporting plans in 2016 as a result of the Brexit referendum result. That’s according to research released last month by academics at Cambridge, whose report also suggested that nearly 4,000 companies actively stopped exporting over uncertainty surrounding future trade rules and border taxes. Academics Meredith Crowley, Oliver Exton and Lu
The UK’s global exports reached a record £616bn last year with both goods and services seeing marked growth. Exports to non-EU countries in 2017 were valued a £342bn, 55% of total export value, with £274bn in EU exports. Good exports soared 13% to £339bn over the year, whilst services increased 7% to £277bn. Interestingly, key
Dragons’ Den presenter and economist Evan Davis says nobody really knows what direction business after Brexit will go and many are still waiting to see what Brexit actually means. In a radio interview with New Zealand-based NewstalkZB, Davis spoke extensively on Britain’s business uncertainty post-Brexit. The famed presenter and host of predominantly startup and SME
The EU and Japan have signed a mammoth free trade deal, creating the world’s biggest economic area, and the biggest trade agreement either has ever committed to. The deal covers a 3rd of the world’s GDP and will act as a timely counterweight to Trump’s tariffs on trade into the US which included 25% tariffs
New research has suggested that British businesses are more optimistic about trading with the EU than last year, despite recent stumbling blocks surrounding Brexit. The survey, conducted annually by OFX, found that 62% of 500 business owners felt confident about doing business outside of the UK, with 46% of SMEs saying Brexit had no effect
They say there’s never a dull week in politics, but it’ll take one heck of a week to top the one we’ve had so far. Within the last seven days, we’ve had the Chequers agreement, an agreed-upon way forward within the Cabinet. But just days later and we’re listening to a new Brexit secretary and
A new study has found that Britain’s fastest-growing export partners are Switzerland and China. The research, commissioned by Wyelands Bank, found that countries in the Asian Pacific dominate the growth charts with Switzerland topping the chart. Overall, China leads in terms of projected growth with an additional $886m in trade expected on-top of $24.6bn last
It seems to be one of the longest running international jokes – Britain has bad food. That thinking may be true with tourists, but for international businesses, demand for British food and beverages is stronger than ever. In fact, global appetite for British food and drink has continued to strengthen by over 10% in under
A new report from the Department for International Trade has found that a large portion of British small and medium-sized businesses aren’t open to exporting their products due to a lack of confidence in their own capacity and capability. The research, which quizzed firms with annual turnovers of over £500,000, found that smaller businesses are
The World Cup in Russia has officially begun with the host nation kicking-off in style with a 5-star and five-goal performance. All the talk in the run-up to the World Cup has been about how prepared the nation is to host such a tournament and, most importantly, the safety of those travelling into the country
(Photo: Robert Sharp / English PEN) An end date for a proposed ‘backstop’ plan for trade with the EU following Brexit has been published following a day of political turmoil at Number 10 after crunch meetings between David Davis and Theresa May. The backstop plan puts in place a proposal for a temporary customs arrangement
We were extremely pleased with the final report, which ran to some 450 pages, and covered in detail, country by country the information we required. It was laid out in a clear, concise manner, with logical summaries and inciteful analysis of the key data.
All in all the report has formed an invaluable basis for our decision–making process for this project and provides a robust benchmark upon which to gauge our progress.
I would not hesitate to recommend Go Exporting to anyone looking for support in expanding their business internationally.
Learn what it takes to make your first £1m in export sales from someone who’s been there, learnt the pitfalls, overcome the challenges and has the experience you really have to read.
After two decades of negotiation and amid a growingly protectionist political backdrop, the EU and South American member states of the Mercosur economic bloc have signed a trade deal that by some metrics is the largest ever agreed. The deal, which will see tariffs cut or removed on goods and services between both countries, will
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
The Society of Motor Manufacturers and Traders has issued a stern warning against a hard Brexit, suggesting border delays alone could cost the sector £50,000 a minute. The prediction was published as part of the trade body’s report into the car industry – the country’s single biggest exporter of goods. It warned that shipments of
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