CATEGORY : Weekly Trade Update

Leading our green future | UK wine imports | Latest e-commerce news

Published 29/07/2021

In response to the latest report on Green Trade, William Bain, Head of Trade Policy at the BCC has released a statement, declaring that businesses have a big part to play in the green transition, and that there needs to be support in order for them to access the new green market. In the press […]

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New UK trading scheme | B2B revolution | Latest e-commerce news

Published 22/07/2021

This week the UK has launched its proposal for the Developing Countries Trading Scheme (DCTS). Through reduced tariffs and streamlining the rules of origin requirements, it will provide greater trading opportunities between the UK and lower-income nations, allowing them to grow their economy from within and reduce poverty. In return, the UK would benefit from […]

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High street record growth | Fashion business webinar | Latest e-commerce news

Published 15/07/2021

The reopening of shops, a sunny June and the Euro 2020 tournament have led to the highest growth on record for high street sales from April to June. Sales were up 28.4% from the previous year, whilst also 10.4% higher than 2019. Figures are also showing that online sales remain much higher than pre-Covid levels, […]

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UK-Gulf trade | Exports to UAE | Latest e-commerce news

Published 8/07/2021

The UK and the Gulf Cooperation Council (GCC) have completed a Joint Trade and Investment review of their existing trading relationship, which was worth over £30 billion in 2020. The two governing bodies identified the following areas as key sectors that require greater market access: professional and business services; agriculture, food and drink; education; healthcare […]

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Post-Brexit outlook | UK-Singapore digital trade | New EU VAT regulations

Published 1/07/2021

Six months after the UK’s departure from the EU, SME exporters responding to our survey are presenting a mixed response around the impact that Brexit is having on their businesses. Whilst half (51%) will continue to prioritise exporting going forward, it’s clear that there are challenges, with a quarter (24%) of those who already export […]

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CPTPP negotiations begin | Historic US trade deal | Exporting to Japan

Published 24/06/2021

This week the UK began negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade pact involving 11 other countries with a joint GDP of £9 trillion and a population of half a billion people. Once agreed, joining the CPTPP will mean lower tariffs on British exports such as cars […]

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UK-Australia trade deal | Important VAT changes from July | Optimise your supply chain

Published 17/06/2021

The UK and Australia have agreed on a new trade deal, the first of its kind since the UK left the EU. The agreement will build on its existing £13.9 billion relationship and will remove tariffs on all UK goods, making it easier and cheaper to export to Australia for British goods such as cars, […]

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UK-India trade | UK post-Covid recovery | Starting a business in lockdown

Published 3/06/2021

The UK is reaching out to businesses and the public as it prepares to begin trade talks with India. With a population of 1.4 billion people and a £2 trillion economy, the UK hopes to operate more freely in this market by removing tariffs on exports such as whisky and British-made cars. The deal will […]

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Trading with Canada and Mexico | Future of e-commerce | Free E-commerce webinar

Published 27/05/2021

With the UK planning to begin negotiations to upgrade its existing trade deals with Canada and Mexico, businesses are being called upon for their input on what the goals should be in these talks. The new deal will pay particular attention to digital trade, climate and women’s economic empowerment, and will support digital services in […]

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