Mexico tariff extension welcomed but questions raised about Canada

29 November 2023

We reported recently that British goods will remain eligible for reduced or zero tariffs to Mexico after the UK Government secured the extension of rules of origin (ROO) provisions (see Mexico agrees to rules of origin extension for British goods).

Chancellor offers an Autumn Statement for growth

22 November 2023

Claiming that he would deliver “the biggest business tax cut in modern British history,” Chancellor Jeremy Hunt promised 110 measures but said he would not go through them all. Here are the highlights of those he introduced.

Competition watchdog may let Consortia Block Exemption Regulation lapse

22 November 2023

We reported in January 2023 that the Competition and Markets Authority (CMA) had launched a consultation on its proposed recommendation that the retained Consortia Block Exemption Regulation (CBER) be replaced when it expires on 25 April 2024 (see Government consults on competition exemption for liner shipping consortia).

September was a bad month for UK trade

15 November 2023

According to the latest trade data from the Office for National Statistics (ONS), the value of UK goods exports decreased by £0.9 billion (2.9%) in September because of falls in exports to both EU and non-EU countries.

Mexico agrees to rules of origin extension for British goods

13 November 2023

The Department for Business and Trade (DBT) confirmed on 10 November 2023 that British goods will remain eligible for reduced or zero tariffs to Mexico after the UK Government secured the extension of rules of origin (ROO) provisions.

Wales has nine new Export Champions

10 November 2023

At the start of International Trade Week 2023, the Department for Business and Trade (DBT) has announced that Wales now has nine new Export Champions, bringing its total to 18.