#News&Insights

Read this week's trade update

In this week's Trade Update:
In this week's Trade Update:
Key business trends for the coming year
UK businesses call for government support for innovation
A guide to Incoterms

Key business trends for the coming year

The events of past years have left UK businesses to navigate an increasingly challenging and dynamic landscape. Priorities for businesses in 2025 include technological innovation, economic opportunity, and regulatory responsibility. With many businesses now adopting AI, it is critical for leaders to ensure employee engagement as developments occurs. As well as this, with new ESG regulations, businesses will have more of a responsibility to report on sustainability efforts and drive transparent business operations.

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UK businesses call for government support for innovation

According to a recent survey, businesses in the UK are seeking government support in driving innovation and economic growth in 2025. Research shows that 56% of businesses currently rely on self-funding to press on with their research and development efforts, meaning they have had to deprioritise R&D expansion. Jonathan Memel, Senior Manager for Grants says, “This is the time to make decisive investments in the UK’s future as an innovation leader, ensuring that the transition to a greener economy not only meets net-zero goals but fuels national and regional growth in tandem.”

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A guide to Incoterms

When shipping internationally, you are likely to come across Incoterms. They are a globally recognised set of standards, used in international and domestic contracts for the delivery of goods, clarifying responsibilities between buyer and seller for costs and risk, as well as cargo insurance. This guide covers what they mean, looks at some examples of them, and how they can impact your business’s customs clearance experience.

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