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Trade: clean growth and tech

Clean growth and the application of major emerging technologies to existing sectors are two key characteristics of trade in 2022. Add to these levelling up supported by foreign direct investment, and there are exciting future prospects for business and the prosperity of communities globally.

Clean growth

Article
Boxes passing by on a conveyor belt 18 Jan 2021
Retail trade: time to renew processes (and grow green)

As retailers are forced to change processes to counter supply chain blockages and rising costs, they should take the opportunity to make sustainability part and parcel of the way they work, says Catherine Kelly, Head of Retail, Cooper Parry.

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Article
Aerial view of a sea of parked multicoloured coaches 17 Jan 2021
Cleaning and levelling-up: a Northern Powerhouse perspective

As the UK looks towards creating a cleaner economy post-pandemic, the north of England is primed to lead the way, says NP11 chair Sir Roger Marsh OBE.

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Article
Plane flying over a container ship at sea 30 Nov 2021
How international trade can help tackle climate change

International trade has a crucial role to play in reducing the impact of climate change, with the accountancy profession key partners in putting economies on a more sustainable footing, says Chris Barton, HM Trade Commissioner to Europe.

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Article
Automobile factory welding assemble line 30 Nov 2021
UK faces major ‘trade reset’ challenge

Friction in trade flows caused by a combination of Brexit, coronavirus and heightened awareness of environmental issues is more than a blip, and different approaches to trade are required as new rules of engagement bed in, warns Nigel Driffield, deputy pro vice chancellor of Warwick University, believes a reset is needed.

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Major emerging technologies

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Ground crew loading A380 aircraft at sunset 07 Jan 2022
Trade logistics is the lifeblood of an economy

The digitisation of logistics services, accelerated by the COVID-19 pandemic, has helped to facilitate the smooth operation of supply chains. But where can accountants add value?

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Article
Worker inspects turbine in power station 15 Dec 2021
The innovation ecosystem: why collaboration is key

Two heads are better than one, or so the saying goes. And a collaborative or ecosystem approach to innovation can open up new avenues for growth and fresh ways of working, and stands to make organisations more competitive.

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Hub
Docked container ships 01 Oct 2021
Freeports

Information on the UK government's policy and plans to create freeports, which are areas that will benefit from a range of tax and other incentives including enhanced capital allowances, a suspension from customs duties for imported goods and less burdensome customs procedures.

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Levelling up supported by FDI

Article
An aisle between shelves in a warehouse 07 Dec 2021
Rich opportunities for EU investors to support UK green ambitions

The UK has a compelling array of actual and potential investment projects and an active programme to encourage foreign investors to benefit from this, says Chris Barton, HM Trade Commissioner to Europe.

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Article
Aerial view of lorries loading at logistics centre 02 Dec 2021
New act to balance security and foreign investment opportunities

Lord Callanan, Minister for Business, Energy and Corporate Responsibility, has said he believes the National Security and Investment Act, due to come into force on 4 January, will successfully strike a balance between protecting national security and send out the message that the UK is more open for business than ever to overseas investors.

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Supply chains

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Front view of a container ship at sea 19 JAN 2022
Trade: maintaining supplies in a perfect storm

Manufacturers have had to contend with a number of trade and supply challenges to maintain orders. For Jasun Envirocare, the solution has been to review every process and supplier relationship.

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Article
A container ship passing under a bridge with a lorry driving over it 14 Dec 2021
How to drive procurement and supply chain improvements

ICAEW member Nick Wildgoose, Director, Supplien Consulting Limited, and Senior Research Associate, Cambridge Centre for Risk Studies, part of Judge Business School, says supply chain issues are not going away. He adds that resilience is imperative, and that now is the time for companies to be more proactive.

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Article
Plane flying over cargo containers 13 Dec 2021
WTO cautions against protectionism

Retreating into protectionism by re-shoring production and promoting self-sufficiency is not the best strategy for boosting economic resilience, despite the global shocks caused by the pandemic, according to the 2021 World Trade Report.

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