
Cross-border payment friction is constraining UK companies’ international growth plans. Airwallex and Cebr estimate £10.5bn of working capital is affected annually, while 55% of surveyed businesses say they have scaled back overseas expansion.

Brussels is reviewing its procurement defence tool as barriers grow. The EU will assess whether its International Procurement Instrument gives European businesses enough leverage when overseas public-sector markets restrict access.

British suppliers are set for £167m of Angolan infrastructure contracts. UK Export Finance is backing £655m of airport, road, and electricity projects designed to create procurement opportunities for companies across the British supply chain.

Chinese glass containers face provisional UK anti-dumping duties from tomorrow. Rates of 24.65% to 52.97% will apply while the Trade Remedies Authority completes its investigation into alleged dumping and injury to domestic producers.

UK businesses can now use CPTPP terms across every market. Canada’s entry into force completes Britain’s access to the 11 other member economies, with more than 99% of current UK goods exports eligible for zero tariffs.

Britain will impose provisional anti-dumping duties on Chinese boom lifts. Rates of between 16.25% and 71.74% will apply to affected imports while the Trade Remedies Authority completes its investigation.

Virgin Trains has cleared another regulatory hurdle towards European services. HS1 access has been pre-approved for up to 20 daily return services linking London with Paris, Brussels, and Amsterdam from 2030.

BP secured Venezuela’s Loran licence alongside XRG and UCC partners. The BP-led consortium can develop up to four trillion cubic feet of gas from the second phase of the offshore field, with three partners holding equal interests.

Maeving has secured £3m financing to expand overseas motorcycle sales. HSBC UK funding backed by UKEF will support increased production for American and European demand, with 13 new Coventry jobs planned.

Britain and Australia are deepening defence technology cooperation through radar. QinetiQ and CEA Technologies have signed an agreement covering advanced AESA systems as both countries expand industrial and supply-chain ties.