New UK trade deal | BCC Annual Conference | Latest e-commerce news

Posted on 10/06/2021 by DHL Express

UK secures new deal with Norway, Iceland and Liechtenstein

The UK has agreed a new trade deal with Norway, Iceland and Liechtenstein that will see significant tariff reductions on British food and drink products such as cheese, meat, wine and spirits. In addition, reduced import taxes on the UK fishing sector will support around 18,000 industry jobs in northern England and Scotland.

This comes as another boost to Scotland and for the food and drink sector after the UK and Australia agreed on the removal of a 5% tariff on whisky exports.

International Trade Secretary, Liz Truss, said: “Today’s deal will be a major boost for our trade with Norway, Iceland and Liechtenstein, growing an economic relationship already worth £21.6 billion, while supporting jobs and prosperity in all four nations at home.”

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BCC Global Annual Conference 2021

This year the British Chambers of Commerce (BCC) Global Annual Conference will be held virtually on 16 and 17 June, with a number of guest speakers attending, including senior political figures, business leaders and young entrepreneurs.

The two day event will discuss how trade, tech and innovation are the essential tools to succeed in a demanding post-pandemic world, as well as addressing critical topics such as the net zero and levelling-up agendas, and also how Gen Z and millennials are driving change.

Click below to find out more and book your free guest pass.

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The latest e-commerce news from around the world

Due to a shift in consumer behaviour as a result of the pandemic, digital and subscription services recorded £323 million in sales last year, an increase of 39.4% from the year before. Meanwhile, having seen a huge demand since launching in 2020, fintech startup company Wayflyer has begun plans to expand into new markets.

In other e-commerce news, according to a recent survey, 55% of participants from across Europe said that the cost of delivery was the most important consideration when buying online. Finally, new insights have revealed the continued influence of social media on purchasing, particularly amongst younger generations.

Catch up on the latest stories and trends in our e-commerce round-up.

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