Insight

How to pay international suppliers and vendors, and maximise profits
GuidesApr 21, 2022
7 min read

How to pay international suppliers and vendors, and maximise profits

International commerce is growing as never before, creating new ways to expand your business across borders. By tapping into a global network of suppliers and vendors, you can access goods and services that may not be available in the UK and make cost savings that boost your company’s profitability.

Spring Statement 2022: What it means for businesses
OpinionMar 25, 2022
12 min read

Spring Statement 2022: What it means for businesses

Chancellor Rishi Sunak has announced what he believes are a package of measures to help businesses weather the perfect storm of increased National Insurance payments and rising energy prices.

Spring Statement 2022: What’s in store for businesses?
OpinionMar 21, 2022
15 min read

Spring Statement 2022: What’s in store for businesses?

The Budget is an unenviable fiscal balancing act at the best of times. So, when the Covid-19 pandemic dealt an indiscriminate blow to society, chancellor Rishi Sunak’s job got even harder - forcing him to implement sweeping measures to shield the economy. So, how might the contents of his red briefcase impact businesses and industries in the UK?

What is foreign exchange risk management & risk mitigation techniques
GuidesMar 15, 2022
11 min read

What is foreign exchange risk management & risk mitigation techniques

Multinational companies, import-export businesses, investors, and individuals making international transactions face foreign exchange rate risk. Exchange rate fluctuations are a daily occurrence. As the value of major currencies fluctuate against each other, it creates income uncertainties for anyone doing cross-border transactions.

SWIFT: What is it and how does it work?
GuidesMar 21, 2022
12 min read

SWIFT: What is it and how does it work?

Spare a thought for the Society for Worldwide Interbank Financial Telecommunications - aka SWIFT - next time you transfer money overseas with the click of a button, safe in the knowledge it will be processed securely and seamlessly.

 A complete guide to employing a foreign workforce
GuidesMar 08, 2022
11 min read

A complete guide to employing a foreign workforce

The way people work has changed. The global workforce now works more hours remotely than ever before. The pandemic accelerated a shift towards working from home and has ushered in a “remote-first” culture.

Fuel risk management: how businesses can mitigate rising fuel costs
OpinionMar 04, 2022
12 min read

Fuel risk management: how businesses can mitigate rising fuel costs

The cost of petrol at UK pumps has reached a record high as Russia's assault on Ukraine continues to drive up global oil prices - and businesses of all sizes are feeling the pinch.

A Guide To Types Of Payment Methods In International Trade
GuidesMar 01, 2022
9 min read

A Guide To Types Of Payment Methods In International Trade

This financial system, which powers international trade like an electricity grid, offers several means of payment that global businesses can use.

Cybercrime: the current landscape and how to navigate it
OpinionFeb 23, 2022
11 min read

Cybercrime: the current landscape and how to navigate it

The Covid-19 pandemic created a perfect storm for cybercriminals – fear, uncertainty, vulnerability, widespread remote working and increased online activity – who pounced on this opportunity to escalate their nefarious endeavours. Don't cross your fingers and hope you aren't targeted; be proactive and fight back.

Faster Payments limit quadruples from £250K to £1m
OpinionFeb 03, 2022
11 min read

Faster Payments limit quadruples from £250K to £1m

Speed, convenience, security - the Faster Payments Service has it all for anyone making electronic transfers. But that's not all - the world's first 24/7/365 fast payments system is being augmented after it was announced that the payment limit is being increased from £250,000 to a whopping £1 million. CEO Peter O'Flanagan looks at how the increase will benefits businesses and consumers.

What forecasts and trends to expect from the Travel Industry 2022
OpinionFeb 03, 2022
15 min read

What forecasts and trends to expect from the Travel Industry 2022

The travel and tourism industry went from boom to bust following the sudden onset of the Covid-19 pandemic in March 2020, when lockdowns and travel restrictions caused revenues and arrivals to nosedive. As borders reopen, can the industry get back on track this year amid economic aftershocks from the pandemic? Read the article in full.

What forecasts and trends to expect from the Textiles Industry in 2022
OpinionJan 27, 2022
15 min read

What forecasts and trends to expect from the Textiles Industry in 2022

While the textiles industry is well-placed to continue regaining lost ground in 2022, it must be prepared to brace for aftershocks from the pandemic and Brexit. Several forecasts and trends are expected to impact the textiles landscape over the coming months - and businesses must cut their cloth accordingly. Read more here.

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