Category: <span>Small business</span>

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Theresa May has been dealt a massive Brexit blow as her Chequers EU exit strategy was branded unworkable at yesterday’s Salzberg summit.

The prime minister was ‘ambushed’ by EU leaders at the end of yesterday’s summit, when EU leaders roundly and unexpectedly declared her plan would not work, increasing the possibility of a no-deal Brexit, which could leave the UK facing a very uncertain future.

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The third largest economy in the Association of Southeast Asian Nations – a regional intergovernmental organization comprising ten Southeast Asian countries that promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and socio-cultural integration among its members – Thailand is home to over 50,000 British residents, and the export of UK goods is worth around £1.96 billion a year. Service exports from the UK are worth around £708 million annually.

Top exports from the UK to Thailand include:

  • iron and steel
  • road vehicles
  • electrical machinery
  • power generating machinery and equipment
  • medicinal and pharmaceutical

If you think the Thai market could be good for your business, here’s everything you need to know about exporting to Thailand.

Around the world Guides & How-Tos Small business

Switzerland is a diverse and mature economy, and offers a great opportunity for UK-based businesses – bilateral trade between the two countries is worth £31.9 billion, and Switzerland is the UK’s tenth largest export market, with goods and services exports having grown by 130% in the last five years.

If this sounds like a good opportunity for your business, here’s everything you need to know about exporting to Switzerland.

Around the world Guides & How-Tos Small business

The European Commission (EC) has fined Google a record €4.34 billion (£3.9 billion) for using its Android operating system to “cement its dominant position” in search. So, what’s Google been up to now?

News Small business Technology Uncategorized

Global trade, and the UK’s ability to dictate its own terms to countries around the world, has become one of the potential positives of the Brexit campaign – once the UK leaves the EU it can, in theory, negotiate its own terms with every country it does business with.

The trouble is, if the UK doesn’t get a favourable deal with the EU, then this could affect trade with those countries right on its doorstep – but would that necessarily be such a bad thing? Or are we overplaying the importance of doing trade with our nearest neighbours?

Around the world News Small business

Mobile phones have evolved well beyond simple communication devices, and smartphones are becoming more and more like personal assistants, where we can manage all of our diary dates and personal finance matters – banking app technology means we can all manage our money with the swipe of the screen.

So, could your smartphone become your new bank?

News Small business Technology

It’s just over two years since British voters took to the polls and gave the government the green light to leave the European Union, and since then all things Brexit have dominated the news.

The trouble is, even as Article 50 deadline day approaches – the UK is scheduled to the leave the EU on March 29, 2019 – we’re still no clearer on what Brexit will mean for consumers, householders, businesses, or anyone really, as those in favour (Brexiteers) and those against (Remainers) leaving the EU continue to point fingers and point out that neither knows what they’re talking about. None of which is doing the EU negotiations, or public confidence any good.

And it now looks like the government is going back to a pre-referendum ‘promise’ to get the public back on side.

News Small business

British businesses may have been dealt another huge Brexit blow with the news that the European Commission (EC) is advising businesses within the European Union (EU) to steer clear of using UK-made parts and components, because of a government decision to leave customs union.

Is this the EU looking to punish the UK? Or another legitimate problem that Brexiteers didn’t see coming or put down to scaremongering from Remainers*?

Around the world News Small business

Spain is home to about 47 million people, around one million of which are British nationals, making it on of the biggest consumer markets in the EU, and a great opportunity for any British businesses looking to widen their net.

The country also has a growing economy, with householders experiencing an increased household disposable income after recent tax reform and record employment growth. This healthy outlook has led to the return of foreign investment – if you want to be part of it, here’s everything you need to know about exporting to Spain.

Around the world Guides & How-Tos Small business