UK exports boom in all 4 nations

New data released by HMRC has shown a rise of goods exports in every UK nation in the 2018/19 financial year. Goods exports from England grew at 3 per cent to £251.9 billion, Scotland at 12.9 per cent to £32.8 billion, Wales at 7.5 per cent to £17.7 billion and Northern Ireland grew at 4.4 per cent to £9.0 billion.

In the first quarter of 2019 there were 110,831 UK businesses across the country exporting goods, an increase of 5,073 compared to the same period last year. There are now more businesses exporting goods in every UK nation than ever before. Read more> 

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A new vitality in French economics

Things have been tough in the French economy over the last decade. Slow to fight back the economic slump of the Great Recession of the late 2000’s any growth has been slow at best.

Fortunately the tide seems to be turning. With the election of Emmanuel Macron as the new centrist President, a fresh new wave of vigour has swept the French economy.

This new rise of optimism has brought a record stretch of growth for France. E-commerce is growing in particular and businesses would do well to include France as an important market to trade with.

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Even global slowdown has not stopped UK export growth

UK Exports remain strong despite global slowdownStats from the Office of National Statistics paint an encouraging picture at the moment. Despite the slow down of the global economy, UK exports of goods and services between May 2018 and May 2019 increased by 4% to am incredible new high of £647.1 billion.

Dr Liam Fox, Secretary of State for International Trade, pointed out: “Despite the global headwinds getting stronger, [these] record-breaking statistics highlight what a real international trade policy can deliver for the UK as people from around the world continue to express their appetite for British goods and services.”

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Strawberry exports up!

In 2018 Britain saw it’s largest ever export of strawberry shipments. This was a 56% leap in export value says HMRC.

A record £3.9 million British strawberries were shipped in 2018. The Netherlands did pretty well too as the largest market, growing by a whopping 361% between 2017 and 2018!

Our International Trade Secretary, Liam Fox remarked:

“As Wimbledon starts, and with the ‘Great British Summer of Sport’ in full swing, I am delighted that Britain’s exporters are serving up a treat, with more people than ever before enjoying classic British strawberries and cream.” Read more in an article at: fruitnet.com >

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The changing world of luxury goods

The changing world of luxury goodsThe most important word in luxury right now is sustainability, and this is the key focus of 2019 from fashion to travel and cosmetics to food.

Another trend getting some serious attention is the so-called ‘re-commerce’ market, as people appreciate the value of second-hand treasures. To find out more about these growing trends and the spending power of Gen Y and Z, read on >

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