Also in the news...
UK seeks business views on response to US tariffs
Government begins process seeking business views on response to US tariffs
UK/Viet Nam: Free Trade Agreement
This treaty was presented to Parliament in April 2025.
How AI Is Fueling Creative Innovation for Startups Abroad
When most people think about starting a business overseas, their minds immediately jump to logistics: registering the company, navigating local laws, and finding office space. But one of the most exciting (and often overlooked) aspects of expanding internationally is tapping into the global pool of innovation especially in the realm of artificial intelligence (AI).
Support for UK businesses helping to rebuild Ukraine
Department for Business and Trade (DBT) initiatives to support UK businesses helping to rebuild critical infrastructure in Ukraine.
Now is the time to generate growth together with India
£400m of trade and investment wins from UK-India Economic and Financial Dialogue set to boost the British economy.
GBP/EUR remains flat even after positive GDP data released
With many in the Eurozone trading the Euro is always one to watch and the past month has seen a staggered decrease of the British Pound Sterling to Euros. Earlier in the month reaching over 1.1975 to todays rate which stands at 1.1608.
This is thought to be due to last weeks UK GDP data provided grounds for encouragement regarding the future prospects of the British economy. The figures revealed that the UK PLC’s economic recovery appears to have gained traction in recent months with GDP expanding by 0.8% during the third quarter of this year. However GBP/EUR remains slightly flat.
Keep an eye on the rates and consider booking a forward when they reach what you wish to achieve. Whether you need to make a one off payment or multiple bookings, you'll have the advantage of knowing that once you have booked a Forward; your rate is locked in for up to 12 months ahead. This means you'll know exactly the amount of currency you'll get when you need to make your money transfer particularly if you're a business, this will make forecasting a lot simpler!
Register to book a forward contract with Startup Overseas currency service.