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Department for International Trade Updates




Keep informed with the latest updates from the Department for International Trade (DIT)

UK-India FTA negotiations launch

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Click here to see the regional and national factsheets which explain how each of the regions and nations of the UK could benefit from a trade deal with India.

See a summary of materials below, including:

Free Trade Agreements

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DIT has created a video guide for UK businesses with information on Free Trade Agreements. You can watch this below and also read their Guide to navigating DIT's export support.

See further information in the video below and here.

INTEREST RATE RISE UNLIKELY TO EASE INFLATIONARY PRESSURE

The latest interest rate rise is the clearest signal yet of the Bank of England's intention to get inflation under control. Spiralling prices are cited by businesses as by far and away the top concern right now. But, given the extremely precarious state of the economy, this decision is not without risk for businesses and consumers that are exposed to banking or overdraft facilities.

International Trade – Five Urgent Issues At The Top Of The New PM’s In Tray

The arrival of the summer recess marks a respite period for many (other than Conservative Party leadership candidates and members) from an intense period of policy-making affecting trade. As a new Prime Minister takes office on 6 September, the in-tray on international trade issues will be daunting.

My week at the BCC...Evie Hemsley

We recently welcomed Evie Hemsley into the BCC office for her Year 10 work experience. In this blog, Evie shares some of the tasks she completed and meetings she attended during the week as well as some insights into the importance of completing work experience.

BCC CALLS FOR ACTION AS EXPORTS REMAIN IN LIMBO

The BCC’s quarterly Trade Confidence Outlook for Q2 2022 showed the proportion of exporters reporting increased overseas sales to be unchanged from Q1 at 29%, while those reporting a decrease remained at 25%. This compares to around 40% of businesses consistently reporting increased domestic sales across the same time period in the BCC’s Quarterly Economic Survey (QES).