Friday Brief Intro 18/03/2022

Good afternoon and welcome to this week’s Friday Brief.

New UK sanctions, announced Tuesday will deny Russia and Belarus access to Most Favoured Nation tariffs for hundreds of their exports and ban UK exports of high-end luxury goods to both countries. You can find more information in the story below along with a link to the full press release.

People requiring a visa to come to the UK for business should apply early, due to delays at the UK Visas and Immigration (an executive agency of the Home Office).  UKVI says it is prioritising applications under the Ukraine Family Scheme. More details can be seen in the story.

The Export Control Joint Unit (ECJU) administers the UK’s system of export controls and licensing for military and dual-use items. ECJU is reviewing and updating its operational processes so that it provides a more efficient, professional and customer focused export control service. Find out more below.

Quadriga Health & Safety Ltd has released a new list of health and safety updates on various topics. Find a list of updates along with a link next to each one for you to learn more in the story below.

Although the government no longer legally requires a COVID-secure titled risk assessment, COVID-19 still presents a risk to the workplace which employers are required to manage in line with the Management of Health and Safety at Work Regulations 1992. Guidance from Citation can be found in the story.

Associate member, Marsh Commercial, is offering MTA members a complimentary IT and cyber health review for those companies that feel this would be of benefit. Click through to their landing page to progress with their guidance.

Export and International Trade are offering you access to their International Trade Accelerator Voucher worth £1100. With this voucher*, you can access our industry-recognised training, consultancy or education programmes, or multiples of these (terms apply and are available on the application page). Find more details below.

The main economic news this week was the decision by the Bank of England’s Monetary Policy Committee to increase UK interest rates via an increase in the Bank Rate to 0.75%.  As part of their meeting, they received the quarterly report of the Bank’s Agents and we take a look at what they had to say as well as reflecting on the increase in interest rates and the change in the messaging about future changes.  Our other economic news items this week are the latest industrial production data from Eurostat and some comments on the UK’s export/import figures by industry in 2021.

That’s all we have for this week’s Friday Brief. Have a great weekend and thanks for keeping up to date with us.

ECONOMIC NEWS

Bank of England’s Agents’ Summary of Business Conditions – Q1-2022:  In conjunction with the meeting of the Monetary Policy Committee (MPS) this week, at which they voted 8-1 to increase the Bank Rate to 0.75%, the Bank of England has published the latest summary of business conditions collected by their Agents around the country.  This […]

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Your £1100 Voucher for Our Training, Consultancy or Education Awaits

At the Institute of Export and International Trade, it is our mission to empower our members to trade effectively, sustainably and competitively. That’s why we’re proud to be offering you access to our International Trade Accelerator Voucher worth a huge £1100. With this voucher*, you can access our industry-recognised training, consultancy or education programmes, or multiples of […]

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NTE 2022/08: ECJU customer service survey

The Export Control Joint Unit (ECJU) administers the UK’s system of export controls and licensing for military and dual-use items. ECJU is reviewing and updating its operational processes so that it provides a more efficient, professional and customer focused export control service. If you are an exporter who has applied for an export licence from ECJU we would […]

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MTA Cyber and IT Health-Check Offer

Are you concerned about the potential vulnerability of your IT and cyber infrastructure? Have you been a victim of a cyber-attack or data breach? If the answer to either of these questions is yes, then we have an interesting offer for you. Associate member, Marsh Commercial, is offering MTA members a complimentary IT and cyber […]

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Latest employer responsibilities: managing the risk of COVID-19

Although the government no longer legally requires a COVID-secure titled risk assessment, COVID-19 still presents a risk to the workplace which employers are required to manage in line with the Management of Health and Safety at Work Regulations 1992. If you already have a risk assessment in place, now is the time to review the […]

Read more

Russia and Belarus sanctions and webinars

New sanctions on Russia and Belarus New UK sanctions, announced today (Tuesday), will deny Russia and Belarus access to Most Favoured Nation tariffs for hundreds of their exports and ban UK exports of high-end luxury goods to both countries. The full press release can be viewed at https://www.gov.uk/government/news/uk-announces-new-economic-sanctions-against-russia. Among these sanctions is an increase in tariffs […]

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UK visitor visa delays

People requiring a visa to come to the UK for business should apply early, due to delays at the UK Visas and Immigration (an executive agency of the Home Office). UKVI says it is prioritising applications under the Ukraine Family Scheme.  Applications for study, work and family visas may take longer to process as a […]

Read more

Facilities Health and Safety Update

Coronavirus Coronavirus restrictions are expected to be largely withdrawn across all countries of the UK by the end of March, although it’s possible that self-isolation requirements and free testing will remain for a little longer in some countries. Quadriga issued an update to clients on the latest changes and their implications.  If readers do not […]

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