According to British Chambers of Commerce (BCC) forecast released on March 17, it remains highly likely that the UK’s GDP growth will be reduced from 1% to 0.8% in 2020 – making it the weakest year of growth since 1992. However, in an effort to stabilise the economy during the coronavirus outbreak, the UK Government Read More
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The Brexit Latest – The UK’s Approach for 2020 and Beyond
A lot has already happened in 2020 in regard to Brexit and the new transition period as well as the UK Government’s approach to future negotiations. There is, unfortunately, still a reasonable amount of uncertainty for businesses, but at least a workable path forward is starting to form. For the majority of businesses across the Read More
UK Exports Hit Record Levels in 2018/2019
Is your business prepared to deal with the increasing competition for haulage experts dealing with UK exports? Learn more with Smart Directions. According to the recent UK exports statistics released from the Office of National Statistics (ONS) on 10th May, UK firms have exceeded expectations by producing a record-breaking year in overseas sales for the Read More
Brexit Extension – What it Means for International Trade
In response to the UK Government’s request for a Brexit Extension, the 27 members of the EU have agreed as it’s clearly unfeasible to reach a satisfactory conclusion by March 29. Now, if UK Prime Minister Theresa May is able to get parliament to agree to her withdrawal agreement, she’ll be granted an extension to Read More
What are the Brexit Consequences for Logistics?
The effects of Brexit on businesses and logistics have been hard to precisely pin down since the UK voted to leave the European Union back in 2016. However, businesses, economists and politicians have all made various claims about what they believe the Brexit impact on trade between the UK and EU might look like. Thankfully, Read More