Global Britain

The British Chambers of Commerce has launched its Global Britain Challenge report to boost exports and channel overseas investment into the UK.

Today’s easing of the CPI rate of inflation to 3.4% will give businesses and consumers some sense of relief.

These negotiations can provide a real opportunity to secure a forward-looking free trade agreement with Turkiye, capable of boosting growth far beyond what’s possible under the current terms.

There was a slow start to the year in export volumes for both goods and services, with a modest rise in volumes of goods imports.

This agreement will boost bilateral trade in emerging industries such as carbon capture and storage, life sciences, and hydrogen.

These were difficult and robust discussions between the world’s trade ministers, key officials, and the WTO, but they were ultimately successful.

The UK had another good year for services exports in 2023, showing the strength of that side of our economy. But there will be concern about the drop in goods exports.