United kingdom

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.

Your Monday morning coffee briefing from TFG. The worst of the global supply chain crisis is over, says a new World Trade Organization (WTO) report.

Your Monday morning coffee briefing from TFG. COP26 wrap-up: UK vows to become the world’s first ‘net zero-aligned financial centre’. TFG launches a new Sustainable Trade Finance Hub. A new ICC report proposes the first global framework for sustainable trade and trade finance definitions. Standard Chartered launches a new Sustainable Account solution in the UK and UAE. And UK Export Finance secures 20% budget hike, expanding support for British exporters.

The Bank of England has surprised investors today by voting against a rise in its benchmark interest rate, which would have been its first since August 2018.

A new report by Euler Hermes has found that the UK economy is “trapped by policy choices” going into the end of 2021 and beginning of 2022.

On the eve of COP26 – the biggest climate summit of the year – the world is more focused than ever on reducing carbon emissions, and on the role that individual companies can play in tackling climate change.

British Chancellor Rishi Sunak today presented his Autumn Budget of 2021 to the UK House of Commons.

By working together and tackling these challenges head-on, we can reduce our emissions and work towards our net zero goal by 2050.

Brexit has typically been seen as an issue between the UK and the EU with little thought given to the divorce agreement’s impact on other countries.

Euler Hermes, the world’s leading trade credit insurer, states the UK is set for a significant rise in business failures as companies readjust to the removal of government COVID-19 pandemic support measures.

Trade finance as an asset class has benefitted from developments in loan and debt capital markets, which have led the way in sustainable product development.

Eighteen months into the COVID-19 pandemic and shipping bottlenecks are challenging companies to meet demand. The global outlook is uncertain, however, that does not mean doom and gloom, making way for a new thought process.

Global supply chains have been and continue to be deeply impacted by the changes that have taken place in the last 12 months. From the Suez canal debacle to the current shortage of HGV drivers in the UK, it is fair to say that the industry is, currently, facing significant challenges.

Our editor, Deepesh Patel sat down with Zencargo’s Sales Director, Sam Greenhalgh to discuss what changes need to take place to make the shipping industry more attractive to young professionals.