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Cameron appoints trade champion to promote UK excellence


By Marcus Leach Prime Minister David Cameron has announced that Lord Brittan of Spennithorne will join a network of Britain's most prominent business and academic leaders to promote the UK’s excellence internationally. Lord Brittan, Vice Chairman of investment bank UBS and former Trade Advisor to the Government, has more than 30... read more


50 per cent of businesses lose money trading without contracts


By Max Clarke Almost half of businesses have lost money in the last 12 months as a result of trading with another company without a signed contract in place or completing adequate due diligence, according to new research commissioned by Creditsafe. A failure to complete due diligence has seen 7%... read more


Construction to begin on East London cable car


By Marcus Leach Work on a cable car linking the O2 arena with the Royal Docks and ExCel is to begin this summer. Passengers will be lifted high over the river on the latest addition to London’s transport system, which will be part of the Oyster network. “Gliding serenely through the air... read more


Overcrowded infrastructure the barrier to UK growth


By Marcus Leach The UK suffers from some of the most congested infrastructure in the developed world and a failure to invest in these will have serious impacts upon the country’s long-term economic future. Improvements to transport, energy and ICT infrastructure could increase GDP by an additional 0.7%. Recommendations for improving the... read more


PD Ports welcomes third BG Freight Line weekly link


By Marcus Leach PD Ports says the launch of a third weekly service into Teesport by BG Freight Line is yet another example of why the port’s container traffic is booming, with 40% growth last year. The new service will link the north-east UK port with Antwerp as well as Rotterdam. BG... read more


Hopes for an export-led recovery are boosted by trade data


By Marcus Leach March marked the first increase in trade confidence since November 2010, according to the Travelex Confidence Index released on Tuesday. Confidence lifted as British importers and exporters took comfort from the Chancellor’s ‘growth budget’ and his declaration that ‘Britain is open for business.’ Just over half (52%) of British... read more


Overseas trade with countries outside the European Union figures


By Marcus Leach The latest statistics on Overseas Trade with countries outside the European Union (EU) were released on 12 April 2011 by HM Revenue & Customs under arrangements set out in the Code of Practice for Official Statistics. This release includes the first provisional estimates of trade-in-goods between the UK and... read more


UK exporters benefit from reduction in trade deficit


By Marcus Leach Figures released today by the Office of National Statistics showed that there has been a reduction in the trade deficit. The main findings for the figures showed the following: - The UK’s seasonally adjusted deficit on trade in goods and services was Ł2.4 billion in February, compared with the deficit... read more


Unemployment set to hit the one million mark


By Marcus Leach On Wednesday the 13th of April the ONS’ latest unemployment figures will be closely watched, with many experts predicting unemployment figures to reach the sensitive 1 million mark. “It’s alarming that employment is continuing to rise amongst young people," Carmen Watson, Managing Director of Pertemps Recruitment Partnership said. "Given Britain’s... read more


Low carbon future mapped out for HGVs


By Marcus Leach A long-term strategy aimed at helping manufacturers of commercial vehicles and construction equipment move to low carbon solutions is published today, 11 April 2011. The roadmap is the first to be published in Europe with this level of detail and outlines the drivers and timescales of technology development across... read more