The UKās food and drink exports in the first half of 2023 increased by Ā£0.5bn from the same period in 2022 and while that should be good news, inflation has pushed up values, while volumes in almost all our top 10 products fell, with whiskey, beef and pork slipping 20%. With high inflation impacting most …
The UK has overtaken France as the worldās eighth largest manufacturer, while government backing has persuaded a major automotive manufacturer to invest Ā£600 million in the production of a popular model, with the government setting aside a further Ā£1 billion to spur investment in battery technology and attract new manufacturers. Although the UK slipped behind …
Metro provide customs clearance services at all UK airports and ports of arrival and departure, including inland border points, with import and export entry processes completed within two hours. Simply provide us with your commercial invoice, packing list and any other supporting documents and we will file your customs declarations directly with customs, using our …
The UK has reached an agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with Australia, Canada, Japan, Mexico, New Zealand, Singapore, Vietnam, Peru, Malaysia and Chile, supporting tariff-free trade with a number of nations with which the UK does not currently have full FTAs. The UKās accession to the CPTPP may …
HMRC data showed that more than a quarter of businesses had not signed up to their new Customs Declaration Service (CDS) at the start of the year and with the migration already startedā thousands of businesses could potentially find themselves cut adrift and unable to export. CDS has been in development since before the UK …
In 2022, exports increased by 6.7% (after inflation), but this is still less than the value of pre-pandemic exports in 2018 and there were warning signs in the last quarter of 2022, with UK exports falling by 2.9% as economic headwinds took their toll. The challenges facing UK exporters in 2023 are significant and the …
The Bank of England has predicted the UKāsĀ recessionĀ may be the longest on record, but it is not expected to be deep and exports will play a critical role in shortening the downturn. The Secretary of State for International Trade, Kemi Badenoch, said earlier this month that we need toāget our exports and investments goingā, because …
The premium mixer brand, Fever-Tree, has been named the winner of the āDepartment for International Trade Exporter of the Year Awardā at the 2022 British Business Excellence Awards, in recognition of their exporting ability and a glowing accolade of Fever-Treeās innovative spirit. Fever-Tree began its journey in 2005, when its co-founders spotted that premium spirits …