UKEF backs Ford through its electric vehicle production line expansion, working towards its 2035 net zero plan. Ford has doubled down on its commitment to the UK as its European… read more →
The 7th UK-Singapore Financial Dialogue, held last week in Singapore, saw both countries renewing a commitment to strengthen their fintech partnerships, an agreement initially starting in 2021. Mutual priorities include… read more →
November 17, 2022 saw the unveiling of the UK’s Autumn Statement. The plan hopes to create a more stable UK economy in light of the current global financial uncertainty.
UK Export Finance (UKEF) announced on Finance Day at COP27, November 8, that it will become the first export credit agency (ECA) to offer Climate Resilient Debt Clauses (CRDC) in… read more →
In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US dollar.
It’s true that the dollar had been appreciating for many months, and the pound was one of the most undervalued currencies of the year, but this was news making headlines and front pages around the world, and it was exclusively a domestic problem.
A prominent point of discussion at the International Trade and Forfaiting Association’s (ITFA) 48th Annual International Trade and Forfaiting Conference in Porto has been the digitisation of trade finance––particularly after the challenges COVID-19 caused for a largely paper-based industry.
Your weekly coffee briefing from TFG: E-rules for trade explained – URDTT, eURC, and eUCP
Dock workers at the UK’s largest container port have gone on strike for the first time in 30 years. About 1,900 members of the Unite union at Felixstowe in Suffolk… read more →
Your Monday morning coffee briefing from TFG: The acceleration towards green and renewable energy through cutting ties with Russian gas
In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.
