Just as the UK was experiencing record temperatures and a summer heatwave, the annual rate of inflation accelerated to a fresh forty-year high.
As Iain Martin of the Times said, “To deny the downsides of Brexit on trade with the EU is to deny reality.”
The decision to secede from the world’s largest single market area was bound to have some short-term economic consequences, but the UK may be experiencing more than a short-term decline.
As prices surge and the UK economy continues to shrink, David Brown, founder and chief executive of Hi, writes that businesses need additional financial levers to tackle the current cost of living crisis.
The number of ‘green’ Swiss banks has doubled in the past year, outpacing their UK counterparts in the race to corner a piece of the lucrative ‘green’ market and meet… read more →
LIBF’s Alex Gray discusses how trade finance education has evolved since the pandemic.
Your Monday morning coffee briefing from TFG: Up, up, and away – latest statistics prove record inflation over last 12 months
Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989.
If a new trade bill is passed during the current UK parliamentary term, digital paperwork could be legalised under English Law, which could be a landmark moment for the trade and export industry.
Your Monday morning coffee briefing from TFG: Key to digitalisation – reducing the trade finance gap without creating unfair biases
Everything you need to know about the Queen’s speech and it’s implications on trade.