BIAFD News

The UK manufacturing sector fell back into contraction in March, as output declined following a slight increase in February. Market conditions remained subdued overall. New export business decreased for the 14 month in a row. Overall new order books posted only fractional growth. Work backlogs fell further....

New car registrations rose +18.2% year on year during the new plate month. The SMMT reported a surge in deliveries for large fleets driving the eighth consecutive month of registration growth. Petrol-powered vehicles remained the most popular fuel type, comprising 56.3% of new units, while...

The Global/CIPS UK Construction PMI® for March read 50.7, slipping from 54.6 in February, but hanging on in the growth zone. The continued rise in UK construction output was helped by a moderate increase in new orders. Civil engineering (52.0) saw the fastest rise in business activity. Commercial building...

The seasonally adjusted S&P Global/CIPS UK Manufacturing PMI® posted 49.3 in February, up from 47.0 in January. While the overall PMI remained in contraction, manufacturing production rose for the first time in eight, albeit only slightly. The increase was underpinned by signs of firming client demand, with...

The BIAFD Spring General Meeting will take place on Thursday 20th April 2023, at the Forest of Arden Hotel & Country Club, Meriden. We are very pleased to welcome two excellent keynote speakers for the afternoon general session. Catherine Guy, from Comply Direct  will present on Plastic...

The UK-EU Trade and Cooperation Agreement temporarily exempts Electric Vehicles from Rules of Origin requiring substantial levels of domestic content to qualify for zero tariffs. The exemption is scheduled to terminate at the end of 2023 when RoO hurdles will steepen. Under current TCA rules at...

In December European Parliament, Council and Commission agreed plans for the introduction of an EU Carbon Border Adjustment Mechanism. Part of the EU's 'Fit for 55' environmental strategy, from 2026 'CBAM' will require EU importers to purchase CBAM certificates to pay the difference between the carbon...