Get ready for an exciting newsletter this month! We're diving into the recent game-changing decision on shipping container rules that you don't want to miss. Also, let's celebrate together as we unpack the phenomenal news of record-breaking UK start-ups in 2023. But that's not all – we've got your back! Check out our quick overview to see how we can make your shipping experience a breeze.
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The InXpress London-East Team
The UK Freight Association cheers for the UK's choice on container shipping regulations.
Hooray for smoother sailing!
UK freight forwarders are pleased with the decision from the Competition and Markets Authority (CMA) not to propose a replacement for the current Consortia Block Exemption Regulation (CBER) in the UK after its expiration on April 25, 2024. The CMA's thorough analysis of the deep sea container shipping market, aligning with the European Commission's perspective, determined that a CBER for UK maritime movements is not justified under the current conditions, as of November 2023.
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A staggering 900,000 new businesses set sail in 2023, marking a record-breaking wave of entrepreneurial ventures.
In 2023, a whopping 900,000 new businesses set sail on the sea of possibilities, marking a stellar 12% increase compared to the previous year. It's like a bustling marketplace of dreams.
Guess what's stealing the spotlight in this growth parade? Street food stalls, property letting businesses, and online retailers are the real MVPs. With over 82,000 new online retail ventures, 49,000 property wizards, and 21,000 street food enthusiasts, it's safe to say innovation is on the menu.
But the excitement doesn't stop there! Regional hotspots are also making waves. Northern Ireland takes the lead with a jaw-dropping 59% increase in new businesses. London is following suit with a vibrant 20% surge, and Scotland is in the game with an impressive 11% growth in new ventures.
Oh, and let's not forget the incredible women entrepreneurs! A record-breaking 164,000 companies were incorporated by women in 2023, marking a 4% increase from the previous year. That's a 26% growth in female-founded businesses over the past five years, showcasing the unstoppable force of women in business.
So here's to the dreamers, the doers, and the movers in this grand dance of entrepreneurship. Cheers to a future filled with endless possibilities!
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The InXpress London-East Team
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