Trade Finance Global has released it’s annual report, ‘Beyond Brexit’. Having recently announced it’s partnership with the UK Government’s Exporting is GREAT (EiG) campaign, Beyond Brexit explores SME Confidence, trade trends, and takes a deep dive into UK and international politics as negotiations with the EU commence.
The UK has had a turbulent year; having voted to leave the European Union and seeing much political unrest with the prime minister resigning. The process has been anything but straightforward, as a formal exit did not start until Theresa May decided to trigger Article 50. This has meant that the two-years provided for negotiations has now commenced.
Beyond Brexit takes a forward looking view at what happens post Brexit, and what the implications of Brexit could be on currency, trade, international relations and certain markets.
A big fear is that of trade and how companies in the UK will be treated. This may have impacts on legal contracts and free movement of persons. However, we see that many SME’s will actually hedge out the risk of the uncertain environment. If required; offices may be set up in the EU but this will all become clearer as negotiations progress. We see that it is important to understand how the land lies with the Euro; which is feeling this strain already.
The report contains a few feature articles on some of the impacts we have seen following Brexit, and how political agendas, international relations, and foreign exchange volatility has shaped and could change Great Britain.
Contributors and Contents
– Owen Lock – SME Confidence in the aftermath of Brexit
– Cheickna Moulaye – Uncertainty: The watchword of Brexit
– Tom Harrison – Corbyn vs. May
– Xinran Liu – China’s relationship with Britain post Brexit
– Ross McKenzie – Brexit’s Affect on The Currency Market