Also in the news...
Switzerland: providing services and travelling for business
Guidance for UK businesses on rules for selling services to Switzerland.
UK lands trade deal with South Korea to boost jobs and exports
UK lands momentous trade deal with South Korea to boost jobs and exports
New laws bring the world of work into the 21st century
Over 15 million people across the UK are expected to benefit as the Employment Rights Act receives Royal Assent.
Brilliant Borders: Kenya's Customs goes digital
A new app will save time and money for big businesses and small traders alike, as a longstanding Kenya-UK partnership further improves cross-border trade.
Yorkshire family brewery taps into new export opportunities with Government guarantee
UKEF support helps Wold Top brewery to expand its exports into new markets.
Bank of England keeps all things steady.
With the year wrapping up there were no surprises at the end of it from the Bank of England as they decided not to change the precedent of altering rates at the end of the year.
The vote was unanimous across the bank to keep rates at 0.75% whilst the forecasts had a slightly dovish tilt as they were revised down for growth and inflation. Unsurprisingly as well the bank warned that the greatest threat to growth at the moment comes from Brexit uncertainty. The other news beyond the carnage at Gatwick airport was that Parliament has confirmed that the debate on Brexit will begin on January 9th.
It’s been a tumultuous year for sterling, trading above the dizzying heights of 1.40 back in April before sinking to the current lows we see at the moment. We’ve had Chequers Agreements, cabinet reshuffles, resignations, the Beast from the East and even a World Cup Semi Finals. The last shows that anything can happen and there is raft of events next year that could do the same.