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 →
A new survey has found that the UK’s post-pandemic recovery is losing momentum, as inflation worries spread and business sentiment turns negative.
The UK’s trade deficit with China has more than tripled after a year of lockdowns during the COVID-19 pandemic.
As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021
The International Islamic Trade Finance Corporation (ITFC) has signed a $150 million Framework Agreement with one of its newest members, the government of Turkmenistan. Signed as a three-year deal, the… read more →
The British Exporters Association (BExA) has published its 12th annual benchmarking report on UK Export Finance (UKEF) – the export credit agency (ECA) of the UK government. The report, published… read more →
SERV, the export credit agency of the Swiss government, has successfully co-insured part of a major Turkish infrastructure project worth €1.5 billion.
In this article, Viviane Gnuan-Stehli, communications manager at SERV, explains how the co-insurance deal, worth €130 million, was delivered.
The UK has signed its first from-scratch free trade agreement of the post-Brexit era with Australia, in a deal that British negotiators have said is the best Australia has ever… read more →
The Bank of England (BoE) has raised its benchmark interest rate from 0.1% to 0.25%, in its first rate hike since August 2018.
Gunvor Group, one of the world’s largest independent traders of liquefied natural gas (LNG), has signed a new syndicated borrowing base facility worth $1.13 billion. In what the company believes… read more →
A new Asia-Pacific free trade agreement covering a third of the global economy will eliminate 90% of tariffs in the region, according to a new report. A United Nations Conference… read more →
The UK’s consumer prices index (CPI) rose to 5.1% last month, hitting its highest level in a decade.
British Chancellor Rishi Sunak has praised the level of financial cooperation that the G7 achieved under the UK presidency, which is coming to an end this year.
New data from the UK has revealed yet more evidence that stagflationary clouds are gathering on the horizon, as both ports and small businesses struggle to recover from the COVID-19… read more →
Over the weekend, China celebrated the 20th anniversary of its accession to the World Trade Organization (WTO).