The 'rebrand' will ensure that these aims will better align with Britain's more comprehensive business policy.

What are the new changes?

Rishi Sunak has decided to merge the trade and business departments to further himself from what some call the 'Johnsonian bluster'.

By combining the Departments and forming the new Department for Business and Trade, Sunak hopes this multi-million-pound rebrand will back businesses, both at home and abroad, 

promoting investment and championing free trade.

Further changes have also been made to several other departments, to ensure that the right teams and skill sets are leveraged to deliver on the Minister's five promises: to halve inflation, grow the economy, reduce debt, cut waiting lists, and stop the boats. 

You can find more info on the update here: 

https://www.gov.uk/government/news/making-government-deliver-for-the-british-people 

A note from Managing Partner Sandra Strong:

"The merging of the two departments shouldn't affect the day-to-day operations in these areas. However, bringing business and trade together into a single department strengthens and combines a central focus on investment opportunities, unlocks export markets and expands into new markets through trade deals".

While you are here you may be interested in some Strong & Herd LLP training courses & live clinics related to this topic:

The Export Journey - Free Webinar

Understanding Origin & Preference

Understanding Free Trade Agreements

The Export Course – 2 days