FX update: The challenges and opportunities of a weak pound
The weakening pound creates winners and losers in international trade, with UK exporters, manufacturers and popular brands looking cheap to overseas buyers, while importers face higher input costs, which adds to the UK’s inflationary cycle.
Despite the pound rising to $1.14 - after falling t...
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Enhanced entity and expansion in India support continued growth of outsourced business services
For over 40 years, spanning five decades, Metro has been managing and transforming outsourced supply chains for leading manufacturers and distributors globally, supported by the development of international business process outsource (BPO) operations since 1998.
By taking responsibil...
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Country update: Bangladesh
Bangladesh is an emerging economy, with the 41st largest economy in the world, according to data from the International Monetary Fund. It is one of the world's largest garment exporters and with its economy consistently among the fastest growing economies in the 21st century, it is on track to gr...
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New trade system for developing countries
The Department for International Trade launched a new preferential trading scheme on the 15th August 2022. The Developing Countries Trading Scheme (DCTS) is intended to grow free and fair trade with 65 developing nations, with a combined market of more than 3.3 billion.
The DCTS extends tariff...
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Climate change forcing new unexpected factory closures in China
Just a few months after Shanghai emerged from the city-wide COVID lockdowns, which disrupted supply chains and forced factories to halt operations, manufacturers have been closed again, this time by the impact of climate change. A new challenge to Chinese production and sourcing.
An inten...
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UK trade after Brexit
The public accounts committee said the government has failed to demonstrate the economic benefits of its post-Brexit trade deals and it was doubtful that the government would hit its target of ensuring that 80% of UK trade was covered by a free trade deal by the end of 2022.
The UK has signed ...
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