Budget lifts rates relief to £18,000: 70,000 high street firms pay nothing

small business rates relief

Chancellor John Healey has raised the small business rates relief threshold for shops, pubs and cafés in England from £12,000 to £18,000 from April 2027, taking around 70,000 more firms out of rates. Larger shops get a two-year real-terms freeze, funded partly by making online marketplaces collect VAT from bigger UK sellers.

Why US container imports likely trough in March 2027, not April: 3 signals

US container imports

US containerized import volumes likely trough in March 2027 rather than April, with the month printing below 1.95 million TEU. Three dated signals point the same way: the Global Port Tracker’s opposing forecast revisions, an escalating transpacific blank-sailing programme, and a summer pull-forward already landed in inventory.

CBP rejects Canadian alcohol and dairy entries: no duty workaround

Canadian alcohol import ban

A US import ban on most Canadian packaged alcohol, several dairy inputs and motorcycles above 800 cc took effect on September 29, 2026 under Section 338 of the Tariff Act of 1930. CBP is now rejecting entries on the covered tariff lines outright, leaving retailers and direct-to-consumer sellers with a sourcing problem rather than a duty bill.

USTR opens G20 trade ministerial: MFN rewrite targets retail sourcing

G20 trade ministerial

US Trade Representative Jamieson Greer hosts G20 trade ministers in Milwaukee from September 29 to October 1, with forced labor, the Most-Favored-Nation principle, food trade and excess capacity on the agenda. India’s Piyush Goyal attends as the bilateral trade deal nears completion at an 18% reciprocal tariff base.