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WEEKLY TRADE UPDATES

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On Monday 30 April, International Trade Secretary and President of the Board of Trade, Dr Liam Fox, gave a speech at the Speaker’s House calling for people across the country to be bold and optimistic in promoting the benefits of free trade. Through this specific address in Parliament, Dr Fox asked colleagues to show leadership […]

UK Trade Minister Greg Hands met with Pakistan’s Minister of Commerce, Muhammad Pervaiz Malik, and Nigeria’s Minister of Industry, Trade, and Investment, Dr Okechukwu Enelamah, in London at the Commonwealth Heads of Government Meeting. New investments were announced as Pakistan and Nigeria joined the 53 nations attending the meeting, with the benefits of intra-Commonwealth trade […]

According to new figures released by the Office of National Statistics, demand for world class British goods and services continues to grow. UK exports rose by £59.4 billion to £627.6 billion between March 2017 and the end of February 2018, a 10.4 per cent increase. Along with these positive results, HSBC also released a report […]

With one year to go until the UK’s departure from the European Union, newly released trade figures reveal exports of UK goods and services is at a record high. Data released from the Office for National Statistics shows that in 2017, UK goods and exports increased faster than imports, up 12.1 per cent to £622.2 […]

Britain has a tradition of supporting global expos, and the latest Expo 2020 Dubai presents another opportunity to showcase the best of Britain. The theme for the first World Expo to take place in the Middle East will be ‘Connecting Minds, Creating the Future.’ International Trade Secretary Dr Liam Fox said: “The festival will be […]

Today, the International Trade Secretary Dr Liam Fox launched the National Trade Academy Programme to help more businesses export. The Department for International Trade (DIT) has helped UK companies to start or grow their exports, and in the last year alone this effort has created 64,000 new jobs and safeguarded a further 28,000 by attracting […]

On Monday 19 March the UK and EU announced that a ‘large part’ of the agreement that will make withdrawal from the EU possible has been agreed. The transitional period is set to last from 29 March 2019 to December 2020. Brexit negotiators, David Davis and Michel Barnier, called the announcement a “decisive step.” The […]

The first Spring Statement follows the change to a new system with only one Budget and Finance Bill announcement each year, meaning businesses and people face less frequent changes to the tax system, helping to promote certainty and stability. Chancellor Philip Hammond has said the UK economy is growing at a slightly faster rate than […]

On Friday 2 March, Theresa May delivered her third Brexit speech and it was clear to all that there was a change in tone. May used this opportunity to deliver a couple of realities on trade with the EU and acknowledged the scale and complexity of the task in hand. Adam Marshall from British Chambers […]

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