UK Export Finance (UKEF), the export credit agency of the British government, has more than tripled its investment in Africa to £2.3 billion. From approximately £600 million in 2018-19, UKEF’s… read more →
British Prime Minister Boris Johnson has today opened the 2022 Africa Investment Conference. The conference aims to boost trade between the UK and Africa, and is this year set to… read more →
UK clothing brand Burberry has refinanced its revolving credit facility (RCF) to a £300 million sustainability-linked loan coordinated by Lloyds Bank. The facility is linked to the achievement of environmental,… read more →
China has responded to slowing growth with a surprise interest rate cut, in an attempt to stimulate domestic demand and retail spending.
Almost two weeks have passed since the retirement of the world’s most important number: the London Interbank Offered Rate (LIBOR).
A group of central and commercial banks has successfully tested the integration of wholesale central bank digital currencies (CBDCs)
A UK trade delegation has arrived in India to open negotiations on a new free trade agreement that could double UK exports to the country by 2030. Anne-Marie Trevelyan, international… read more →
The UK has signed a new sovereign investment partnership (SIP) with Oman, focused on driving high-value investment in both countries. Based on a Memorandum of Understanding (MoU) between the UK’s… read more →
ABN AMRO Bank has said that it was rewarded for its early preparation for SWIFT trade finance changes, thanks to a solution from Norwegian software vendor Commercial Banking Applications (CBA).… read more →
HSBC has completed its first sustainability-linked trade finance transaction with Hong Kong-based garment maker Epic Group. The pricing of the facility was tied to Epic Group’s performance in areas such… read more →
The UK’s national customs office issued £200,000 in fines to UK businesses for exports of unlicensed military and dual-use goods in 2021. Between March and November last year, Her Majesty’s… read more →
Eurozone inflation hit a record high in December 2021, as soaring energy prices continue to put pressure on consumers, highlighting the risks of the green energy transition.
UK exporters sealed over £70 million in sales to South Korea during 2021, with the help of trade shows backed by the UK government. British-made products ranging from hydrogen fuel… read more →
Germany’s trade surplus shrank for four consecutive months towards the end of 2021, as imports to Europe’s largest economy hit another record high. New data from Germany’s Federal Statistical Office,… read more →
New data show that 2021 was a record year for sales of electric vehicles (EVs) in the UK, while sales of new petrol and diesel cars flatlined after a disastrous… read more →