UK-India trade deal is live: a practical checklist for small exporters
The UK-India trade agreement took effect on 15 July. Small exporters should now check tariffs, origin rules, pricing and paperwork before quoting Indian customers.
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Independent daily reporting and practical context for Britain’s small-business owners and managers.
The UK-India trade agreement took effect on 15 July. Small exporters should now check tariffs, origin rules, pricing and paperwork before quoting Indian customers.
Proposed pay-transparency rules could require salary information in job adverts. Here are the practical checks smaller employers can begin now while the detail is consulted on.
New figures show large businesses are paying suppliers faster than in 2018, but 15 percent of invoices were still paid late in 2025. Small firms should use the data as a prompt to tighten credit control.
The government is asking businesses for evidence on future trade relationships with Indonesia, the Philippines, the UAE and Uruguay. Smaller exporters have until 14 September 2026 to feed in practical barriers and opportunities.
The government says bids for a new GBP60 million employment support innovation fund will open in September. SME partners should start shaping evidence, partnerships and practical delivery ideas now.
The government says the Growth Guarantee Scheme will support significantly more SME lending by 2028/29. For small firms, the practical question is how to prepare before approaching lenders.
HMRC has updated guidance on authorising paid tax agents. Small businesses should check who can act for them, which tax services are covered, and whether old adviser access should be removed.
UK Export Finance and the British Business Bank plan a new scheme for smaller exporters. It will not launch until spring, but SMEs can start preparing the evidence lenders will expect.
The Bank of England’s chief economist has warned rates may need to rise again this year. Small firms should stress-test borrowing, cash flow and pricing before the next decision.
Skills England has published 39 Local Skills Improvement Plans across England. Small employers should check whether their sector, vacancies or training needs are reflected locally.