News

Britain to join the Indo-Pacific Trade Bloc



March 31, 2023 /

Britain has secured an agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade agreement between 11 countries in the Indo-Pacific region. This move marks a significant shift in the country's post-Brexit trade strategy, as it seeks to diversify its trading partners beyond the European Union. The CPTPP includes some…


Post-Brexit freeport ‘gateway to prosperity’ plan comes under fire



August 7, 2019 /

Questions continue to be raised over the announcement that the UK government intends to establish a series of freeports across the country after Brexit. Trade secretary Liz Truss called on airports and ports to bid for the scheme, saying: “Freedoms transformed London’s Docklands in the 1980s, and Freeports will do the same for towns and cities…


Transitional Simplified Procedures



February 27, 2019 /

HM Revenue and Customs (HMRC) has written to 145,000 VAT-registered businesses trading with the EU about simplified importing procedures and also updated them on the actions that they need to take to prepare. Transitional Simplified Procedures (TSP) for customs will make importing easier for an initial period of one year, should we leave the EU…


A no deal Brexit could cause problems for haulage



September 19, 2018 /

As few as 1,224 UK hauliers could be eligible to transport goods to the EU if the country departs the union without a deal in place. Logistics industry representatives say a UK-EU agreement on road transport must be prioritised over a trade deal. Yesterday the UK government issued a series of technical notices outlining the situation…


Low tariffs post Brexit for British Manufacturers and Retailers



July 7, 2017 /

According to the Freight Transport Association (FTA) the government’s commitment (announced on 26 June 2017) to securing existing duty free access to UK markets for 48 of the world’s developing nations will ensure that British manufacturers and retailers can continue to trade efficiently and profitably. These agreements should ensure that the price of household items,…