The value of small parcels shipped from China to the UK more than doubled in the past year, sparking concerns among British retailers about unfair competition and lost tax revenues. Figures obtained by the BBC from HM Revenue & Customs (HMRC) show the value of such low-value imports – goods priced at £135 or less…
British car exports to the United States rose in July, boosted by a new trade agreement that eased tariffs after months of decline. Data from the Society of Motor Manufacturers and Traders (SMMT) shows exports climbed 6.8% during the month, ending a three-month slump. The increase followed a deal between London and Washington that reduced…
Car production in the UK fell to its lowest April level in more than seven decades – excluding the pandemic-hit year of 2020 – as manufacturers grappled with global trade disruptions, changing industry dynamics, and fewer working days due to Easter. According to data from the Society of Motor Manufacturers and Traders (SMMT), just 59,203…
