Government ministers and business executives from the Caribbean are meeting in London for the second UK-Caribbean Trade and Investment Forum, which happens today on 6 November. Hosted by UK Export Finance (UKEF), the UK’s export credit agency, the event will showcase the role which UK government and private sector support can play in helping Caribbean […]
A comprehensive analysis by researchers at the Centre for Business Prosperity at Aston University reveals that negative impacts of the UK-EU Trade and Cooperation Agreement (TCA) have intensified over time. The new report, Unbound: UK Trade Post Brexit, also shows a 33% reduction in the variety of goods exported, with the agricultural, textiles, clothing and materials sectors most […]
UK firms applying for government-backed export insurance can do it more simply and quickly thanks to a new online portal now available on GOV.UK. UKEF, the government’s export credit agency, has launched the new online portal for credit insurance applications. For the first time, businesses can apply for government export insurance without having to complete […]
A recycling business from County Tyrone has secured multimillion-pound contracts to export recycling machinery to Saudi Arabia with the support of UK government department UK Export Finance. Kiverco is a family-owned business which designs and delivers recycling plants that process, separate and recover waste in a range of sectors. Its UK-designed technology helps clients deal […]
Mitigram, the global leader in digital trade finance, is pleased to announce it has partnered with Fides, the industry-leading multibank connectivity provider, as Mitigram becomes their trusted partner for trade finance supply. This is in line with Mitigram’s strategy to improve bank communication for corporates. The partnership will enable clients to digitalise their trade finance […]
Santander UK has joined forces with The Chartered Institute of Export and International Trade, a professional membership body offering support, training and qualifications to UK businesses. The collaboration comes as the desire for growing internationally rises among UK businesses yet challenges such as accessing the right support, a lack of skills and cutting through bureaucracy prevents […]
This morning’s ONS trade data showed that the value of goods imports increased by £3.3bn (7.1%) in June 2024, with a rise in imports from both EU and non-EU countries. The value of goods exports rose by £2.3bn (7.6%) in June 2024, with an increase in exports to both EU and non-EU countries. The total […]
UK Export Finance (UKEF) and KUKE, the UK and Polish export credit agencies, have guaranteed a €249m loan being arranged by Standard Chartered Bank for Turkish renewable energy investment company Kalyon Enerji, enabling the construction of Turkey’s second-largest solar project to date. This deal is expected to support UK jobs in the renewable-energy sector supply […]
Hundreds of UK businesses benefited from £8.8bn in support underwritten by UK Export Finance (UKEF) in the financial year 2023/24. As the UK government’s export credit agency, UKEF provides loans, guarantees and insurance to help businesses sell their products around the world. UKEF’s support in the last financial year enabled 650 UK companies to win […]
UK Export Finance has worked with Virgin Money to secure a £750k financing package for Scottish premium shortbread manufacturer Dean’s of Huntly. The family-owned business already exports to markets like Germany, USA, Australia, and China, selling both branded shortbread and own-brand products made for large overseas retailers. Seasonal demand for its hand-baked shortbread means that […]
