SMEs set to see a boost in exports and growth with new Board of Trade
The UK government has announced a new Board of Trade to support SMEs and boost exports as part of its Plan for Change. The board aims to provide UK businesses with guidance for navigating challenges and leveraging international trade opportunities. A three-day summit will be held to gather insights from SME representatives and inform the Small Business Strategy. This initiative ensures that small businesses will play a fundamental role in generating the policies that will influence their growth and success.
Find out moreUK company thresholds to change: how will it impact your business?
UK company size thresholds are set to change in April, increasing by approximately 50%, which may result in many businesses transitioning to smaller classifications and reducing their regulatory requirements. For example, under the new threshold, microbusinesses will be defined as those with an annual turnover of up to £1 million, while small businesses will now have a turnover of up to £15 million. This change aims to lessen the regulation and audit requirements, particularly for thousands of small businesses expected to become microbusinesses, which will help to simplify compliance and reporting processes.
Find out moreDHL Trade Atlas 2025: ready to go global?
Is your business ready to go global? To sell internationally, you need to understand the world – specifically, which markets offer promising opportunities. The DHL Trade Atlas 2025 provides data-backed insights on nearly 200 countries and territories. While global trade is expected to grow modestly over the next five years, even with trade tensions and tariffs, emerging markets like Vietnam, Indonesia, and the Philippines are set to lead the way. The Atlas highlights emerging trade opportunities, helping your business to focus its international growth strategy on the most promising and prosperous markets.
Find out more
