The Institute for Export & International Trade (IOE&IT) and EY launch a new report on TradeTech: A pathway for businesses to seize trade opportunities. Tradetech is a fundamental part of ensuring that international trade processes move away from paper-based forms and allowing businesses to digitalise their trading operations. The benefits of tradetech for businesses include […]
The UK Centre for Digital Trade and Innovation (C4DTI) and Electronic Transaction Development Agency (ETDA) has launched an exciting new partnership project, funded by the Foreign and Commonwealth Development Office, to provide a cheaper, faster, simpler and more sustainable trading environment between UK and Thailand. The project will be delivered by C4DTI, in partnership with […]
A survey of more than 2,300 UK SME exporters has revealed UK overseas trade continues to languish as the global economy heads into another difficult year. More SME exporters are continuing to report falling export sales (27%) than are reporting an increase (26%). Just over a third of SME exporters (36%) expect to see increased […]
Allianz Trade, the world leader in trade credit insurance, Two, the pioneering business-to-business (B2B) e-commerce payments platform, and Santander Corporate & Investment Banking (CIB), one of the top trade finance banks in the banking sector, have partnered to provide the first global B2B Buy Now Pay Later (BNPL) solution for large multinational corporates. This is […]
UK Export Finance (UKEF) has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to forge a new relationship with UK exporter Vespertec to unlock growth opportunities in Africa. A Standard Buyer Loan Guarantee was offered by UKEF to guarantee an export credit loan from Apple Bank, supported by its UK […]
Under half (49%) of businesses attending a webinar from the Institute of Export & International Trade (IOE&IT) said they feel confident about customs documentation and procedures. Following the UK’s departure from the EU single market and customs union following Brexit, British businesses have been required to comply with new customs rules to continue trade with […]
Ford has doubled down on its commitment to the UK as its European hub for electric vehicle powertrain production, thanks to £600m of backing from UK Export Finance, supporting high-skill manufacturing jobs. The investment is part of government’s plans to put the UK at the forefront of electric car development in Europe as the country […]
A new poll conducted by the Institute of Export & International Trade (IOE&IT) as part of their latest webinar series found that over half (54%) of the 400 delegates reported feeling very (11%) or quite (43%) optimistic about their business’ prospects for international growth in 2023. The webinar was the second in The Exporting Starter Pack […]
A British Chambers of Commerce survey, of 486 businesses, for its ChamberCustoms brokerage service has found a third of businesses have little or no confidence on the costs they will pay to export goods. More than a third (34%) of SME goods exporters are either ‘never confident’ or ‘rarely confident’ about the final cost of […]
UK Export Finance (UKEF) has today announced up to £4bn is now available for Moroccan buyers for projects in the region, provided at least 20% of the content is sourced from UK businesses. To promote UK and Moroccan trade, UKEF has appointed a new International Export Finance Executive (IEFE), based in Casablanca, to help galvanize […]
