Your Monday morning coffee briefing from TFG. Concern continued to grow over new variants of COVID-19. The UK has closed all travel corridors as of this morning. The UK economy shrank by 2.6% in November as lockdowns hit activity in the service sectors.
The pandemic has been vastly disruptive. It has prompted powerful responses from the government and the private sector. The number of new cases globally appears to have stabilised. Lockdown measures early in the quarter weighed heavily on UK growth but the recovery picked up some pace in June, with GDP rising 8.7% from May.
TFG heard from Kevin Shakespeare, Director of Stakeholder Engagement at the Institute of Export & International Trade (IOE&IT), on the significant changes in how exporters and importers trade with the EU come 1st January of 2021 – the end of the transition period.
Following warnings to UK government Ministers around exporters being locked out of the Coronavirus Business Interruption Loan Scheme (CBILs) by banks, the UK government has clarified its position.
I had the pleasure of interviewing Rafael Rozenson the Founder & CEO of Vieve Protein Water. Rafael has an extensive background in Consumer Goods having worked for over 13 years… read more →