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The number of manufacturing companies in the UK who are exporting goods has increased to the highest levels in over a decade.  Despite global trade difficulties, including within the EU, the Lloyds Bank UK International Trade Index has reported that over 81% of manufacturers exported goods in Q3 this year, up on Q2. That includes […] The post Number of exporting manufacturers on the rise appeared first on Go Exporting.

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Categories: export markets

The December election campaign is well underway in the UK with the two main parties set to pitch their financial agendas for the country today.  Triggered and still dominated by Brexit, the campaigns will also focus on some of the big areas that have had little discussion time in the last three and a half […] The post Business Secretary gives 5 Brexit benefits for UK companies appeared first on Go Exporting.

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Categories: brexit

“Brexit has had more dates in the last year than I have” has been a popular quip on Twitter today following the EU’s announcement that member states have agreed to a new extension period. The UK now has a deadline of 31st January to agree to a deal in Parliament. Just to add further intrigue, […] The post Brexit delayed as EU grants extension: the positives and negatives for businesses appeared first on Go Exporting.

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New data from the Office for National Statistics has highlighted increased demand for British goods outside of the EU in the run-up to October 31st, predominantly with the US and China.  Trade with non-EU countries is currently growing twice as fast as with EU member states, with data showing a 4.2% increase in exports to […] The post Boost in non-EU trade for UK firms appeared first on Go Exporting.

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The cost of additional red tape and paperwork at the border in the event of a no-deal Brexit could reach as much as £15bn according to a new Government paper.  Filling in customs forms for trade between the UK and European Union would be just the tip of an iceberg of a ‘significant new and […] The post No-deal red tape bill could cost £15bn appeared first on Go Exporting.

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The slump affecting the German manufacturing sector has continued this year with new figures from Destatis revealing a 6.7% year-on-year sales drop compared to August 2018, marking nearly two years of continuous decline.  Factory orders dropped 0.6% compared to July, twice the shrinkage predicted by economists, albeit an improved performance on the previous month’s 2.1% […] The post Recession fears in Germany as factory sales slump continues appeared first on Go Exporting.

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Categories: export markets

A drop in business investments since the EU referendum three years ago has cost the UK economy £20bn, according to new research.  Findings published in the National Bureau of Economic Research has found that Brexit has resulted in a 11% drop in investment whilst also claiming that productivity has taken a 5% hit as a […] The post Post-referendum investment drop costs UK economy £20bn appeared first on Go Exporting.

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Increased demand for tankers to ferry oil to Asia from the Gulf Coast has seen shipping prices skyrocket.  Less than a month following the drone attack on Saudi facilities at Abqaiq and Khurais which halved oil output from the region, prices had begun to settle somewhat. However, increased shipping costs are keeping prices high.  The […] The post Oil export costs surge as countries bolster stockpiles appeared first on Go Exporting.

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The government has launched a new online tool to help identify barriers for UK exporting businesses.  The aim of the platform is to help the government’s own trade experts spot potential legal, regulatory, labelling, licensing or any other unnecessary barriers to trade which can then be worked on with countries around the world.  Once a […] The post New online tool launched for exporters to report barriers to trade appeared first on Go Exporting.

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Brexit is once again supposedly just weeks away. Whether it’s the new Prime Minister’s insistence that the UK will depart the European Union with or without the deal on 31st October, or the fact that Brexit Day now somewhat fittingly falls on Halloween, it could be that the months of uncertainty for businesses will be […] The post £10 million Brexit readiness boost for UK businesses appeared first on Go Exporting.

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Categories: uncategorized

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