Exporters across the UK are being urged to take part in producing the most accurate picture yet of the health of Britain’s export industry. The Institute of Export (IOE), in conjunction with Trade and Export Finance Limited, is calling on … Continue reading
Small and Medium Sized Enterprises (SMEs) are being urged to take advantage of the opportunities available to them to get trading and look at potential new markets abroad. Speaking to business leaders in Cambridge, at the Going Global: Helping small … Continue reading
A business friend of mine who recently returned from Shanghi, China, commented on the rising prices of foodstuff, clothes and essentials. As a result, the cost of living has rocketed and it’s not confined just to Shanghi. No matter where … Continue reading
Official figures suggest that British firms are selling record amounts abroad. According to Jim Armitage in the Evening Standard the latest export figures have given the UK’s battered economy an unexpected boost. Exports rose to £26.5 billion from £24.1 billion, … Continue reading
According to a recent survey by Lloyds Bank Corporate Markets, exports are rising as business looks to diversify into fast growing economies. However, it warned, trading overseas has associated risks. Alan Bracken of ABTS Training Services commented: “Many UK companies … Continue reading
Since the introduction of Incoterms 2010, some importers and exporters have been struggling with the new edition especially with the new rule for delivery and passing of risk with FOB, CFR, CIF. The old “over the ships rail” has gone … Continue reading
Almost half of letters of credit received in the UK are unworkable according to recent research – that is the buyer requests documents which the seller is unable to produce. Recently, for example, a Turkish buyer requested an ATR movement … Continue reading
New export figures published by the ONS give cause for optimism according to the British Chambers of Commerce. David Kern, Chief Economist at the BCC, commenting on the trade deficit for August, said: “The trade figures for August show an … Continue reading
