What's New

Uncertainty around Brexit, tariffs and exchange rate volatility are holding back the potential of many UK exporters according to a survey conducted by British Chambers of Commerce (BCC) and Bibby Financial Services (BFS).

HM Revenue and Customs (HMRC) has published an updated version of its impact assessment looking at how the movement of goods will be affected if the UK leaves the EU without a deal.

P&O Ferrymasters has announced it has entered into a strategic partnership with customs service provider SGS Maco to offer customs declaration services to its customers.

The Department for International Trade (DIT) and the Treasury should give immediate help to small exporting and importing firms struggling to get ready for Brexit by introducing export vouchers.

We recently reported on details issued by manufacturers’ organisation Make UK and Santander showing that trade with other EU Member States is worth more than twice that with the United States (see Europe remains dominant market for UK goods).

The Treasury and the Department for International Trade (DIT) have published an updated version of the UK’s temporary tariff regime in the event of a no-deal Brexit.

The latest proposals put to the EU by Prime Minister Boris Johnson have left companies facing a nail-biting period ahead and the unwanted prospect of a messy and disorderly exit on 31 October.

Trade with other Members of the EU is worth more than twice that with the United States, with seven of the UK’s top export destinations being within the European Union.

The United States could be about to impose tariffs on EU goods ranging from aircraft to cheese and olives as a result of a ruling by the World Trade Organisation (WTO) in the long-running dispute over subsidies for rival planemakers Airbus and Boeing.

Following the recent £16 million investment to provide funding towards training and IT costs for firms that complete customs declarations (see Does your business complete customs declarations?), HM Revenue and Customs (HMRC) has announced that it will provide a further £10 million in grants.