Welcome to our IFS News Blog
In this section we share what’s happening in the world of international freight forwarding, with news updates, worldwide freight resources and much more…
UK and Lebanon trade agreement signed
A UK-Lebanon Association Agreement has been signed by both nations, ensuring British businesses and consumers will continue to benefit from preferential trading terms after leaving the European Union. Trade between the UK and Lebanon was worth £603 million in 2018.
UK joint statement with Korea
The UK and Korea have signed a joint statement for trade continuity that will allow businesses to keep trading freely even after the UK has left the European Union. This will help to strengthen the trading relationship between the UK and Korea further, which in 2018...
Scottish fish exports make a splash
The Department for International Trade (DIT) has praised Scotland’s £1 billion fish industry. Latest statistics from HMRC show that goods exports from Scotland grew faster than any other part of the UK in the year to March 2019, now worth £32.8 billion. In 2018 fish...
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...
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...
Even global slowdown has not stopped UK export growth
Stats 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...
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%...
The changing world of luxury goods
The 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...
