The UK government has announced that it will deploy eight new attachés to promote trade and boost exports in key agri-food and drink markets overseas. The measures, unveiled yesterday, aim… read more →
Your Monday morning coffee briefing from TFG. Stagflation: Over 80% of US and UK businesses have been hit by increased costs due to inflation. The Bank of England’s (BoE) chief economist backs the case for raising interest rates, and the BoE warns that a CBDC could reduce commercial bank despotis by 20%. The U-shaped recovery – ICISA’s Richard Wulff discusses trade credit insurance and its bounce back from the pandemic. Dr. Joanna Burch-Brown explores the EU taxonomy and the ethics of green finance. And European gas shortages are expected to push up fertiliser costs and food prices.
This week, at a House of Lords Economic Affairs Committee hearing on CBDCs, Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England, revealed some interesting findings on the potential impacts of Britcoin.
Like many products within trade finance, trade credit insurance has endured serious volatility during the last 12-18 months, thanks to the COVID-19 pandemic.
New surveys on both sides of the Atlantic have found that the vast majority of businesses are struggling with inflation, and many are already passing on price hikes to consumers.
As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.
Your Monday morning coffee briefing from TFG. The worst of the global supply chain crisis is over, says a new World Trade Organization (WTO) report.
The UK government has announced an ambitious new plan to double the value of British exports to £1 trillion per year by 2030. Under the banner of ‘Made in the… read more →
UK Export Finance (UKEF), the export credit agency of the British government, has issued its largest-ever financing guarantee to help build Turkey’s largest solar power plant. Backed by US-based GE… read more →
Your Monday morning coffee briefing from TFG. COP26 wrap-up: UK vows to become the world’s first ‘net zero-aligned financial centre’. TFG launches a new Sustainable Trade Finance Hub. A new ICC report proposes the first global framework for sustainable trade and trade finance definitions. Standard Chartered launches a new Sustainable Account solution in the UK and UAE. And UK Export Finance secures 20% budget hike, expanding support for British exporters.