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.
Sudden changes to the economy are often to referred to as ‘shocks’ in economics. There are internal – Endogenous – and external – exogenous Shocks. They are defined as a… read more →
Globalisation is present everywhere. For example, oil is exported from Saudi Arabia onto Taiwan. Once in Taiwan, the oil is refined into ethylene – plastic pellets. They are then shipped… read more →