Europe – The Economic Reality Greece has made a €200m IMF repayment but there does not seem to be any move closer to a final agreement. These finances have mostly… read more →

Bradford has the highest percentage of SMEs which are selling products or services overseas, according to a recent FedEx Exporter survey. Beating the usual suspects, (London, Leeds, Manchester and Southampton,)… read more →

By 2016, over half of the UK’s SMEs expect to be exporting their goods and services around the world; that’s an increase of one fifth over the next year. This… read more →

Following the release of inflation data, which showed that consumer price inflation (CPI) had reached the record low level of 0% in March, the pound moved weaker against both the… read more →

I will hold you forever – Adonis Thanks Ian 🙂 There are not many options that are conceivable and the situation has taken up financial headlines for the last couple… read more →

The eurozone creditors are getting tired with the pace of Greek reforms. If agreed, billions in bailout loans could be advanced and this could save the country from bankruptcy. At… read more →

When a bank or finance house lends out money they will usually use a reference rate, which in the United Kingdom will usually be LIBOR (London Interbank Offered Rate) or… read more →

There are a number of difficulties with using a Letter of Credit, but they are one of the most widely used instruments for trade. Letters of credit are used in… read more →

At Trade Finance Global, many people ask whether the UCP 600 will be revised. The UCP 600 is a set of rules developed by the International Chamber of Commerce on… read more →

Many industries are financially regulated and governed to facilitate trade, prevent risks and standardise rules. The UCP 600 (“Uniform Customs & Practice for Documentary Credits”) is the official publication which… read more →