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UK trade

  • Growth in services exports not enough to prevent widening UK trade deficit

    April 22, 2024

    The worsening aggregate picture comes from a widening trade deficit with the EU.

  • Why UK services exports have continued to grow post-Brexit

    April 11, 2024

    The resilience of exports from the UK's service sector has been a success story despite the feared impact of Brexit.

  • Services trade sees UK become world’s fourth largest exporter

    April 9, 2024

    The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.

  • UK post-Brexit trade in ‘clear shift’ as India ties show ‘little growth’ and China declines

    April 4, 2024

    "The recent trend of friend-shoring, decoupling and de-risking supply chain channels has reduced the opportunities for the UK to expand its trade reach," Stephen Hunsaker, author of the UKICE Trade Tracker said.

  • New tariffs for UK exports to Canada after failure to secure post-Brexit deal exemption

    March 28, 2024

    New tariffs are set to hit British firms exporting to Canada from Easter Monday, after talks on extending the trade exemption failed.

  • Step out of ‘Brexit’s long shadow’ and improve EU trade terms to boost UK economy

    March 27, 2024

    “This is about much more than Brexit," Martha Lane Fox, president of the BCC and Chair of the Business Council, said. "But Brexit casts a long shadow".

  • ‘Red-letter day’: UK accession to CPTPP trade pact passes into law

    March 20, 2024

    Legislation mandating the UK’s accession to the CPTPP Indo-Pacific trade pact has passed into law and been welcomed as a “red-letter day” for British firms.

  • ‘Texas Hold ‘Em’: Badenoch to ink trade MOU with 9th largest economy in the world

    March 13, 2024

    Kemi Badenoch will sign a trade pact with Texas as the UK continues to chase state-level deals in the absence of a national US agreement.

  • Kemi Badenoch wants trade ‘barriers torn down’ at Abu Dhabi summit

    February 26, 2024

    Kemi Badenoch is promoting tariff-free trade at a global summit in Abu Dhabi in a bid to see “more barriers torn down”.

  • ‘Not for EU’ food labelling plans already affecting investment in UK manufacturing

    February 23, 2024

    Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned.

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