Services trade sees UK become world’s fourth largest exporter April 9, 2024 The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.
UK post-Brexit trade in ‘clear shift’ as India ties show ‘little growth’ and China declines April 4, 2024 "The recent trend of friend-shoring, decoupling and de-risking supply chain channels has reduced the opportunities for the UK to expand its trade reach," Stephen Hunsaker, author of the UKICE Trade Tracker said.
New tariffs for UK exports to Canada after failure to secure post-Brexit deal exemption March 28, 2024 New tariffs are set to hit British firms exporting to Canada from Easter Monday, after talks on extending the trade exemption failed.
Step out of ‘Brexit’s long shadow’ and improve EU trade terms to boost UK economy March 27, 2024 “This is about much more than Brexit," Martha Lane Fox, president of the BCC and Chair of the Business Council, said. "But Brexit casts a long shadow".
‘Red-letter day’: UK accession to CPTPP trade pact passes into law March 20, 2024 Legislation mandating the UK’s accession to the CPTPP Indo-Pacific trade pact has passed into law and been welcomed as a “red-letter day” for British firms.
‘Texas Hold ‘Em’: Badenoch to ink trade MOU with 9th largest economy in the world March 13, 2024 Kemi Badenoch will sign a trade pact with Texas as the UK continues to chase state-level deals in the absence of a national US agreement.
Kemi Badenoch wants trade ‘barriers torn down’ at Abu Dhabi summit February 26, 2024 Kemi Badenoch is promoting tariff-free trade at a global summit in Abu Dhabi in a bid to see “more barriers torn down”.
‘Not for EU’ food labelling plans already affecting investment in UK manufacturing February 23, 2024 Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned.
UK trade policy must focus on services, top City figure urges February 19, 2024 The UK’s trade policy must “flip” to focus on services, given the country is no longer a “nation of shopkeepers”, a senior City of London figure is to argue.
Financial services jobs ‘highly exposed’ in globalisation shift, report warns February 19, 2024 The share of trade across the economy as a whole has increased from 53 per cent of GDP in 2000 to 65 per cent in 2023.