Category: Bussiness

Ministers’ decision to impose Brexit import checks on 30 April will lead to shortages of some foods, flowers and herbs, industry leaders have warned. In the week after the government was accused of blindsiding the British food industry by giving 27 days’ notice that every consignment of items such as camembert, steak, tulips and chives...

The United Kingdom has announced the temporary suspension of export tariffs on cut flowers originating from East Africa. Effective from April 11, 2024, to June 30, 2026, this suspension marks a pivotal moment in trade dynamics between the UK and East African nations. The suspension of tariffs is particularly beneficial for flower growers in countries...

More than four years after the United Kingdom left the EU, new trade rules are coming into force this year that will impact UK businesses that import goods from the EU. Chief among them is the introduction of the ‘common user charge’, a fee that will apply to the import of animal and plant products,...

From today, the UK has temporarily removed export tariffs for cut flowers, with the aim of making trade with the UK easier and cheaper for growers in East Africa and beyond.  Unlimited quantities of flowers can now be exported to the UK at 0% tariff, even if they transit via a third country. This is...

Table of Contents Show more Show less As the UK continues to grapple with its cost-of-living crisis, scammers are taking advantage of people’s increased financial vulnerability. In the first quarter of 2023 alone, around 40 million adults were targeted by scammers, Citizens Advice found. Losses are steep, with £580 million lost to financial fraud in...

The former pensions arm of KPMG, the big four accountant, is to be put up for sale, netting a potential bonanza for its private equity backer. Sky News has learnt that Exponent, the buyout firm, has hired investment bankers at Evercore to sell Isio. City sources said on Wednesday that a deal was not imminent...

Official figures have confirmed that the UK economy went into recession at the end of last year, after the latest estimate found it contracted in the last two quarters of 2023. In a blow to the government’s economic standing, the Office for National Statistics (ONS) said the economy, as measured by gross domestic product, shrank...