The British Chambers of Commerce has claimed a rebound in consumer spending will drive a stronger than expected UK economic uplift over the next two years, but a lack of investment and low skills levels will keep it trailing other major economies. more»
Global Britain is “stirring” a year before Brexit, as research shows business owners ramping up spending on imports from outside the EU. more»
Thousands of firms are braced for up-front VAT charges on £212bn worth of EU imports, as new research highlights the cash flow challenges facing business owners after Brexit more»
New legislation could see thousands of UK business owners face upfront VAT charges on goods imported from the EU once Britain leaves the customs union. more»
Local British produce has been discovered to be one of the most important factors to consumers when deciding when and where to eat out. more»
The head of the UK’s tax authority has urged government to consider combining 26 bodies responsible for UK customs checks in order to minimise disruption for businesses after Britain leaves the EU in March 2019. more»
Key bodies representing UK industry have welcomed the government’s plan to deliver “highly streamlined” post-Brexit customs arrangements with the European Union. more»
UK businesses exported over £300m worth of holiday items around the world in 2016, and the government has encouraged domestic brands to seize demand for British goods. more»
A bill of exchange is a written order of payment, binding one party to pay a fixed amount of money to another party for goods or services on a predetermined date. They are especially useful when it comes to cross-border trade. more»
Some 61 per cent of small import–only firms have had to increase prices on goods and services, with an average hike of nine per cent. more»
