Guest Article: Planning ahead is the key to success when entering a new market

This week, we are delighted to have another guest post from
Edward Hardy, Corporate Market Analyst of foreign exchange specialists World First.

Scaling up and crossing borders is no easy journey for any business, no matter its size or ambition. The process of navigating different regulatory landscapes should not be underestimated and can be costly if it is not done properly.

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What if the UK falls back from EU to World Trade Organisation rules?

60% of the UK’s trade in goods benefits from preferential trade agreements – around 47% with the EU itself and around 13% with other countries and trade blocks that have agreed preferential trade treaties with the EU (see the map from 2013 for a guide). These could be directly affected by a switch to World Trade Organisation rules. We explain the situation below. Continue reading “What if the UK falls back from EU to World Trade Organisation rules?”