United kingdom

The first half of 2021 should be similar to the year 2020, marked by the strongest global recession since the end of the Second World War.

Plain sailing ahead for UK freeports? Probably not. TFG’s McKenzie summarises the key points from the UK budget and what it means for trade.

Trade between UK and India could double to £50 billion before the end of the decade, according to a joint report by Santander and the Indian High Commission.

Up to 620,000 SMEs are in financial distress across the UK, placing nearly three million jobs at risk, industry analysis has revealed. Despite widespread vaccine rollouts, the financial picture for… read more →

We heard from the CBI’s Andy Burwell, on the UK’s independent trade agenda post Brexit, focusing on the EU, Japan and ASEAN.

UKEF has expanded its overseas network to boost the businesses pipeline and generate billions in export opportunities for UK exporters.

The Business Plan outlined new objectives that will allow UKEF to adapt its support for SMEs, help businesses across all the regions of the UK, access UKEF products, and focus its activity on sectors and countries.

As airlines struggle with their cashflows as a result of the travel slump brought about by Covid-19, TFG’s Flora Tan spoke to Ocorian’s Conor Blake, examining the impacts.

The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event

Events such as Brexit, the US-China trade war, political unrest between China and Hong Kong dominated the headlines in 2019, have all had significant implications on global trade. However, it has not all been bad news – with increased levels of cooperation and technological innovation, the outlook for trade/finance moving into 2020 could be promising.

Trade Finance Global, in partnership with Finastra, sat down with 6 global experts in trade to get a low down of 2019, the key themes and trends, as well as what’s been at the front of mind for practitioners in trade, receivables and supply chain finance.

While Boris Johnson’s record for winning votes in Parliament is rather poor (one out of seven) he did, at least, get a majority of thirty for getting his deal through, even if it wasn’t within the timeframe he wanted. In the end, he missed his deadline and was forced down an alternative path.

With the development of more interconnected alternative finance options for businesses and the emergence of open banking in the marketplace, the option of Peer-to-Peer (P2P) lending is seeing a great increase in popularity over the years among its SME audience.

Following the announcement on 9 October 2019 by the African Export-Import Bank (“Afreximbank” or the “Bank”), a supranational financial institution whose purpose is to facilitate, promote and expand intra- and extra- African trade, of its potential intention to publish a registration document, the Bank hereby confirms its intention to proceed with an Initial Public Offering.

ICC invites business leaders and government officials to join the discussion around the future of UK international engagement and the role of the private sector in shaping the global trading environment, in particular with the emerging markets, at its upcoming event – Going Global – which will take place at the Guildhall on 21st October 2019.