United kingdom

In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.

Just as the UK was experiencing record temperatures and a summer heatwave, the annual rate of inflation accelerated to a fresh forty-year high.

As Iain Martin of the Times said, “To deny the downsides of Brexit on trade with the EU is to deny reality.”
The decision to secede from the world’s largest single market area was bound to have some short-term economic consequences, but the UK may be experiencing more than a short-term decline.

As prices surge and the UK economy continues to shrink, David Brown, founder and chief executive of Hi, writes that businesses need additional financial levers to tackle the current cost of living crisis.

Your Monday morning coffee briefing from TFG: Up, up, and away – latest statistics prove record inflation over last 12 months 

Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989. 

If a new trade bill is passed during the current UK parliamentary term, digital paperwork could be legalised under English Law, which could be a landmark moment for the trade and export industry. 

Your Monday morning coffee briefing from TFG: Key to digitalisation – reducing the trade finance gap without creating unfair biases

Everything you need to know about the Queen’s speech and it’s implications on trade.

Deepesh Patel (DP), Editor, Trade Finance Global interviewed Bob Wigley (BW), Chair of UK Finance, to discuss SME lending, our relationship with technology, and the impact of the pandemic ahead of City Week 2022.

Your morning coffee briefing from TFG: Energy expert slams UK’s net-zero strategy as ‘hopelessly unrealistic’.

Trade Finance Global (TFG) is delighted to announce that it will serve as a media partner for ICC United Kingdom’s Digital Trade Conference, taking place from 6-8 April.

In our latest podcast, TFG’s Deepesh Patel spoke with Saskia Rietbroek of ACSS and Michael Byrne of IIBLP on sanctions busters, sanctions compliance, and new maritime guidance for financial institutions

The US and its Western allies have ramped up harsh economic sanctions against Russia, as it continues to attack Ukraine

In this article, Ed Lam and Pamela Mar offer a roadmap to a digital future for supply chains and trade finance, with a focus on Asian SMEs