Brexit: UK exports to single market fall amid “unstable” trading environment

UK exports to the European Union have fallen by almost £20 billion since leaving the single market in 2021, a major study has revealed. The figures, published by the Office for National Statistics (ONS), come after research revealed that half of traders are “not confident” in exporting internationally since the introduction of full customs controls. […]

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International trade: UK moves into second and final phase of accession to join CPTPP

The UK has moved into the second and final phase of accession to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), it has been announced. Membership will give British businesses unlimited access to a global market worth £8.4 trillion each year. Here’s what you need to know. What is the Comprehensive and Progressive […]

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Brexit: have your say on the future of customs

The Government is calling on businesses, traders and the public to have their say on the future of customs. The call for evidence comes after the introduction of full customs controls in January this year, forcing thousands of traders to change the way they do business. Here’s how you can get involved. What is happening? […]

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Brexit Freedoms Bill to be brought forward

The Brexit Freedoms Bill will be brought forward to “cut red tape” and improve trading conditions for British businesses, it has been announced. The new laws will make it easier to amend or repeal outdated “retained EU law” to support international growth. Here’s everything we know about the Bill so far. What is the Brexit […]

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Brexit: UK launches “world-leading” data council to help seize global data sharing opportunities

The world’s biggest businesses – including Google, Mastercard, and Microsoft – came together for the first time last week to help Britain “seize the opportunities of better global data sharing” now that it has left the EU. The announcement comes after the European Commission formally agreed to recognise Britain’s high levels of data protection standards […]

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Half of firms “not confident” in trading with EU following introduction of full customs controls

More than half of businesses are not confident in trading with the European Union (EU) following the introduction of full customs controls, a major study has found. The research, published by the Institute of Export and International Trade (IOE&IT), suggests that traders are still getting up to speed with the new rules which came into […]

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Do you know the new UK commodity codes?

From 1 January 2022, businesses may need to change the commodity codes they use for goods that they import or export overseas. The changes come after full customs controls were introduced at the beginning of this year. If you are an international trader, here’s what you need to know. What are the new UK commodity […]

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