With alcohol duty set to rise with RPI inflation from 1 February 2026 across the United Kingdom, the alcohol beverages industry has expressed concern with this announcement. According to industry feedback, a previous 3.65% rise resulted in a 7% decrease in reduced spirit revenue. This further...
There has been a significant rise in agricultural exports such as Australian beef, honey, sugar, and lamb exports, as well as a solid boost in two-way trade since the broad removal of tariffs under the 2023 Free Trade Agreement (FTA) between the UK and Australia. In...
The British Parliament has confirmed that there will not be a second increase in alcohol duty tax this year by announcing a freeze until August 2024. This announcement has been welcomed by wine and spirit businesses across the UK, which have strongly protested against a second...
The NZ/UK Free Trade Agreement, which was made official on 31 May 2023, will see the tariffs removed from the majority of NZ exports, including wine and agricultural products such as honey, onion and kiwifruit. This agreement is predicted to increase NZ exports to the UK...
The Australian Government has announced that the Australia-United Kingdom Free Trade Agreement will come into force 31 May 2023. This agreement will remove tariffs from over 99% of Australian goods exported to the UK. The goods included in this agreement are wine, short and medium grain...
In a tripartite deal with the US and UK, Australia has announced a plan to acquire a fleet of up to eight nuclear-powered submarines, which is forecast to cost up to $368 billion between now and the mid 2050s. According to the Australian Government, this AUKUS...
The Australia - United Kingdom Free Trade Agreement is a step closer to the announcement of a commencement date, after the enabling legislation in the UK received Royal Assent. This historic agreement is the UK's first new trade deal signed since Brexit and will remove tariffs...