Following the European referendum, many businesses were left vulnerable, with lessened chances of growth due to the weak pound.
According to the latest HSBC renminbi (RMB) internationalisation survey, which investigates businesses’ experience and attitudes towards the Chinese currency in 14 countries, UK small companies doing business on the Chinese mainland used renminbi (RMB) to settle 17 per cent of trade.
Britain's automotive industry is still going strong. In 2014 the UK built over 1.6m cars and 2.5m engines, of which exports accounted for 80 per cent of production. With the nation being the second largest producer of premium cars in the world, the opportunity for automotive suppliers to invest in the UK has never been more valuable, offering local sourcing of components that UK vehicle makers require.
Leaving a banking career of ten years behind, Soraya Bahrami set out to create Everline Future 50 company Toucan Fruit – using her knowledge of trade finance and Mauritian heritage to help with importing delicious exotics from her homeland.
Here's a beginner's guide to import, with five questions – and answers – about how to tackle importing.