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The US has committed to a reduction of tariffs on UK aerospace goods and car exports. These changes, effective by the end of the month, will enhance the competitiveness of UK manufacturers, and save car manufacturers hundreds of millions annually. This agreement is significant for protecting jobs and maintaining the UK's position in global trade, contributing to broader efforts to strengthen the UK economy.
Find out moreThe UK Government has relaunched the Office for Investment to attract international investment into key growth sectors including tech, AI, and sustainability. The initiative aims to reduce barriers, simplify investor support, and create more opportunities for UK SMEs. With the Government set to back innovation, speed up funding access, and support business growth across the UK, SMEs are likely to benefit from this.
Find out moreIn today’s globalised marketplace, businesses of all sizes are increasingly engaging in cross-border transactions to expand their reach and tap into new customer bases. However, one of the most significant challenges they face in international trade is managing foreign exchange risk. Fluctuating exchange rates, hidden fees, and complex financial processes can erode profit margins and complicate transactions. To mitigate this, businesses can adopt strategies to manage currency exchange effectively – this article will explore more.
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