As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021
The UK government is preparing to introduce new rules on suppliers’ declarations for trade between Britain and the EU, which will come into effect at the end of 2021. As… read more →
UK Export Finance (UKEF) has announced that its £50 billion war chest to support British trade is “open for business”. Speaking at the UK Trade & Export Finance Forum in… read more →
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
The UK government has announced that it will deploy eight new attachés to promote trade and boost exports in key agri-food and drink markets overseas. The measures, unveiled yesterday, aim… read more →
Your Monday morning coffee briefing from TFG. Stagflation: Over 80% of US and UK businesses have been hit by increased costs due to inflation. The Bank of England’s (BoE) chief economist backs the case for raising interest rates, and the BoE warns that a CBDC could reduce commercial bank despotis by 20%. The U-shaped recovery – ICISA’s Richard Wulff discusses trade credit insurance and its bounce back from the pandemic. Dr. Joanna Burch-Brown explores the EU taxonomy and the ethics of green finance. And European gas shortages are expected to push up fertiliser costs and food prices.
This week, at a House of Lords Economic Affairs Committee hearing on CBDCs, Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England, revealed some interesting findings on the potential impacts of Britcoin.
Like many products within trade finance, trade credit insurance has endured serious volatility during the last 12-18 months, thanks to the COVID-19 pandemic.
New surveys on both sides of the Atlantic have found that the vast majority of businesses are struggling with inflation, and many are already passing on price hikes to consumers.
As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.