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What UK goods vehicle operators need to do to carry out international road haulage.
Find out how to import firewood, such as logs and kindling, into England, Scotland and Wales (Great Britain).
If you’re a business that currently buys goods from or sells goods to countries outside the UK, or are planning to trade with Europe from January 2021, HMRC’s new tool can help you identify ways you might be able to make the customs process easier for cheaper for your business. This short video shows you how to use the tool.
If you’re a UK business thinking about moving goods into or out of the UK , this video is here to help you understand how customs intermediaries or agents can help you. For more information have a look at the guidance available on gov.uk.
If you're buying or selling goods abroad, you need to work out the amount of duty or VAT you owe. This short video tells you how to find out the ‘commodity code’ classification for your goods, using our Trade Tariff tool. Find out more on GOV.UK
Dollar dives as Powell hints at pause in rate hikes.
It was a topsy-turvy end of the week for the greenback as it rallied on a strong Non-Farm Payrolls release before being sold off on the back of dovish comments from Fed Chairman, Jay Powell.
The monthly jobs report showed an increase in employment for the month of 312k, its highest number since the 313k shown in March’s report. Wage growth also beat forecast with a monthly uptick of 0.4% reported however countering these good numbers was an unexpected increase in the level of unemployment which went from 3.7% to 3.9%. The dollar reacted positively to the numbers with the greenback gaining around half a cent against the pound and the euro. The gains were quickly unwound though as Fed Chairman, Jay Powell issued a dovish message on the path of 2019 interest rate hikes saying the central bank would be “patient” with further tightening of monetary policy. The comments came at the American Economic Associations annual meeting in Atlanta where Powell was joined by his predecessors, Janet Yellen and Ben Bernanke to discuss the state of the economy. EUR/USD pushed back up through 1.14 on the news with USD/JPY coming close to falling below 108. Stock markets in the States also rallied on the news having been hammered over recent months on the back of Trumps trade offensive.