Category: UK United Kingdom

Country  United Kingdom

Profile: Island nation in Western Europe known for its historic landmarks, monarchy, and cultural influence.
Export-Import Data: Exports machinery, vehicles, and pharmaceuticals. Imports machinery and consumer goods.
Trading Partners: European Union countries, United States, China.
Future Opportunities: Technology innovation, financial services expansion, and sustainable development.

 

Feb 10

European Economic News Preview: UK GDP & Foreign Trade Data Due

Quarterly national accounts from the UK and monetary policy decision from Russia are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK’s quarterly national accounts, industrial production and foreign trade figures. The economy is forecast remain flat sequentially in the fourth quarter, after shrinking 0.3 percent in the third quarter. The UK visible trade deficit is seen rising to GBP 16.4 billion from GBP 15.6 billion in November. Read Full Details…

Jan 27

Government updates on impact of upcoming strikes, ALVS downtime and minister’s Felixstowe visit

The Institute of Export & International Trade (IOE&IT), serving as a key interlocutor between government and industry, continually updates its members and the wider trade community about major developments affecting UK trade. These include updates from the government about upcoming civil service strikes, downtime on the Automatic Licence Verification System (ALVS) and a recent visit to a key port in Suffolk by the environment minister. The first two were communicated by HMRC to the Joint Customs Consultative Committee (JCCC), of Read Full Details…

Jan 26

UK links up with Thailand on digital trade

The UK’s Centre for Digital Trade and Innovation (C4DTI) has kicked off a new project to accelerate trade digitalisation in Thailand, as part of wider plans to strengthen and expand trade ties with Asia. Funded by the Foreign and Commonwealth Development Office, the project will see C4DTI and its legal reform taskforce partner, the Centre for Applied Sustainable Transition Law, provide technical assistance to Thailand’s Electronic Transaction Development Agency (ETDA) to support the removal of legal barriers and the alignment Read Full Details…