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Read our latest Trade Update

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In this week's Trade Update:
In this week's Trade Update:
The UK joins the CPTPP
Government launches Industrial Strategy Advisory Council
Post peak season considerations

The UK joins the CPTPP

On December 15th the UK became the first European nation to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The current members of this major trade bloc are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, who have a combined GDP of £12 trillion. As a result, UK businesses will benefit from lower tariffs and fewer barriers when selling to economies across three continents. The trade partnership is expected to potentially boost the UK economy by £2 billion annually.

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Government launches Industrial Strategy Advisory Council

The government has announced the members of the Industrial Strategy Advisory Council, as they look to deliver long-term growth in key areas. Made up of sixteen experts from various sectors, the council will guide the development of a new modern Industrial Strategy, offering the government advice and recommendations, reporting to the Chancellor and Business and Trade Secretary. The strategy aims to create a pro-business environment and drive growth that is supportive of Net Zero.

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Post peak season considerations

As peak season winds down, it is time to look ahead to the new year! Following the rush of the past few months, there are some post peak season tasks you may want to add to your list to prepare you for the new year. Here are 8 areas to have a look at in this post peak season period, from inventory management to customer retention and relationship building.

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