If you’re a UK business with goods you need to move in or out of Europe, you should move them NOW, before potential tariffs post 1st January 2021. Tax expert Andrew Oury explains.
The US and EU are working towards a future of zero-tariff trade. But this news has sparked an intriguing question: could we be heading towards a free trade world? If so, what would this mean for the UK?
SME owners are mostly sceptical about their exporting opportunities in 2018, according to the UK’s latest export confidence statistics.
Global demand for UK exports continues to grow, and will double by 2030, new international trade figures have revealed.
Political upheaval has sent SMEs in search of new trading destinations. 2016 was an unpredictable year and small businesses in the UK have had to deal with a lot of uncertainty – much of which is ongoing.
As Britain’s ecommerce market matures, many savvy retailers are looking internationally to drive sales and growth this year – and the US ecommerce market is on the radar.
Following the denial, anger, depression and acceptance, now comes the bargaining. After a summer recess in which fledgling ministers switched off, now the UK’s new government cabinet has rebooted itself to “brainstorm” the reality of Brexit.
Britain's deficit of trade in goods and services – the gap between imports and exports – increased in January to £2.6bn, as exports fell to their lowest level in over 19 months, according to official figures.
With the announcement that John Lewis plans to increase sales of British goods, it seems that buying British is increasingly in the spotlight.
Matthew Clarke, senior currency consultant at an independent foreign exchange firm looks at whether the downgrade drama is worth worrying about or just a storm in a tea-cup for Britain’s SMES.