Today the ONS confirmed that in the year to June 2023, inflation in the UK was 7.9%, remaining the highest of any G7 economy.

Responding to the latest ONS GDP figures which showed the UK economy shrank by 0.1% last month, Layla Moran MP, member of the cross party UK trade and Business Commission said,

New analysis by the UK Trade and Business Commission (UKTBC) reveals that the UK’s most valuable fintech companies have been more badly impacted by staff layoffs in the past year, compared to their EU based counterparts.

Rocket Entertainment Group CEO and filmmaker David Furnish has warned that lost opportunities and increased red tape are threatening the future of creative industries as new analysis suggests that the UK arts and film industries may have missed out on nearly €200m in EU funding.

Responding to new LSE research which suggests that Brexit has added £210 to the average annual food bill since 2020, Hilary Benn MP, Co-Convenor of the UK Trade and Business Commission, said:

Industry leaders and representatives of small businesses have said that the future of British pubs and other SMEs has been left on a knife's edge by turmoil from the UK Government, and they are now facing a situation that is ‘worse than Covid’.

Responding to new ONS statistics today showing inflation rising to 10.1%, matching a 40-year high and driven by grocery inflation, MP for Leeds Central and Co-Convenor of the UK Trade and Business Commission Hilary Benn said,

Responding to an ESRI report published today, citing that UK-EU exports are down 16% and imports to the UK from the EU are down 20% compared to anticipated levels of trade growth for EU members since the start of 2021, Virgin Group chair and Co-Convenor of the UK Trade and Business Commission Peter Norris said,

Responding to a new CBI survey which suggests that around three quarters of business have been impacted by labour shortages, Layla Moran, MP for Oxford West and Abingdon and member of the UK Trade and Business Commission, said,

Responding to the market chaos unleashed by the Chancellor’s announcement of the mini-budget, Founder-CEO of Fashion Roundtable and member of the UK Trade and Business Commission Tamara Cincik said:

Responding to the market chaos unleashed by the Chancellor’s announcement of the mini-budget, Founder-CEO of Fashion Roundtable and member of the UK Trade and Business Commission Tamara Cincik said:

US Congressman and member of the influential Ways and Means Committee Brendan Boyle (Dem) has today slammed Liz Truss’ Northern Ireland Protocol Bill, claiming it would be a violation of international law opposed by the White house and both parties of Congress.

MPs have written to the Home Secretary calling for action to support struggling musicians and travel industry

Food industry leaders have blasted the government’s complacency and intransigence following post-Brexit changes to immigration which is preventing them doing what’s needed to ensure food security and tackle rising costs.

Responding to the Resolution Foundation’s research which says that Brexit has damaged Britain’s competitiveness and will make us poorer in the decade ahead, Hilary Benn MP, Co-convenor of the UK Trade and Business Commission, said:

The Environment Secretary, George Eustice has unveiled a new route for 10,000 farming workers to come to the UK following pressure from the UK Trade and Business Commission.

Global Head of Data at DunnHumby and member of the UK Trade and Business Commission, Alison Williams responds to the Chancellor's announcement

New research by the London School of Economics reports that EU-UK imports have fallen by 25% and the number of export relationships has fallen by a third since the EU-UK trade deal was introduced in January 2021.

Responding to the ONS trade statistics for February 2022, and analysis from the British Chamber of Commerce that the UK is not experiencing the same growth levels as “some of our largest trading neighbours”, Hilary Benn MP, Co-Chair of the UK Trade and Business Commission, said: