US Tariffs

UK-US Economic Prosperity Deal (EPD)

General terms of a new trade deal between the UK and US, and an update on the progress the UK and US have made to implement the general terms since they were agreed on 8 May 2025.

‘Update on the UK-US Economic Prosperity Deal (EPD)’ document added to the page. This document provides information on progress the UK and US have made to implement the general terms for the EPD since it was agreed on 8 May 2025.

Please continue to share your concerns about/ impacts of US tariffs on your business/industry with us. Please do not hesitate to reach out to us at retailandconsumergoods@businessandtrade.gov.uk

Further Announcements and Calls for Evidence:

Government appoints Emma Jones CBE as new Small Business Commissioner to help tackle late payments

Government appoints new Small Business Commissioner as part of efforts to boost SMEs and tackle late payments

First published.

UK and Scottish governments join forces to boost Scottish growth

Scottish Secretary and Minister for Business co-chair business forum

First published.

Entrepreneurs and retail leaders recognised in King's Birthday Honours List

Recipients recognised for years of exceptional service and dedication, and who are trailblazers for helping drive economic prosperity and increasing the UK’s global standing.

First published.

UK Infrastructure: A 10-Year Strategy

The Strategy sets out the government’s long-term plan for economic, housing and social infrastructure to drive growth.

First published.

Update: domestic premises suppliers and Buy-Now, Pay-Later (BNPL)

Following industry and FCA engagement, the government decided to exempt domestic premises suppliers from requiring credit broking permissions to offer BNPL products as a payment options.

First published.

Regulation of Buy-Now, Pay-Later: consultation on draft legislation (October 2024)

The government is consulting on draft legislation to bring Buy-Now Pay-Later products into regulation.

Added link to: Update: domestic premises suppliers and Buy-Now, Pay-Later (BNPL).

First ever Entrepreneurship Advisor appointed to the Treasury - GOV.UK

Alex Depledge MBE appointed by the Chancellor as first ever Entrepreneurship Advisor appointed to Treasury to address barriers for high growth businesses.

Ofqual launches public consultation on apprenticeship assessment regulation - GOV.UK

Ofqual launches consultation on new regulatory framework for apprenticeship assessments, seeking views from employers, providers and apprentices. See below for more skills updates.

Investigation into Google’s ‘Privacy Sandbox’ browser changes

The Competition and Markets Authority (CMA) is consulting on a proposal to release the Commitments previously accepted by the CMA from Google in relation to Google’s Privacy Sandbox. See below for more CMA updates.

Cyber Security

Cyber Growth Action Plan 2025

Details and terms of reference for the Cyber Security Growth Action Plan

First published.

Regulations, Compliance, Procurement, and reporting requirements

EU Regulation:

EM on an amendment to EU regulation 2023/1542 (COM(2025)258)

EM on EU legislation concerning batteries and waste batteries

First published

Goods Movement

Northern Ireland Retail Movement Scheme (NIRMS): how to move goods

Guidance on how to move goods from Great Britain to Northern Ireland under the scheme, including general certificates, additional documents (packing lists), seals and checks.

First published.

Northern Ireland Retail Movement Scheme (NIRMS): how to register

How to register for the Northern Ireland Retail Movement Scheme to move or sell food in Northern Ireland.

We’ve updated this guidance to include information about eligible products.We’ve also removed information about general certificates, additional documents (packing lists), seals and checks for NIRMs. This information is now included in new guidance, ‘Northern Ireland Retail Movement Scheme (NIRMS): how to move goods’.

Trade, investment, and export support

Call for sponsorship in relation to Fashion and Luxury Trade Mission to Japan

The British Embassy in Tokyo is calling for sponsors to support an exclusive showcase and reception, welcoming UK delegates from the Fashion and Luxury sector.

First published.

Maps of Thames Freeport customs sites

These maps show the Freeport customs sites within the Thames Freeport.

Map of ‘Customs Site No.2 Thames’ has been added.

TRA proposes keeping measure on Chinese ceramic kitchenware

The TRA has proposed that an anti-dumping measure on ceramic tableware and kitchenware from China be maintained until 16 July 2029.  

First published.

UK-Bahrain agree £2bn investment partnership in huge boost for UK economy

The UK and Bahrain have signed a partnership agreement which will deliver £2 billion of investment into key growth sectors in a huge boost to the economy.

First published.

Sanctions

Who is subject to financial sanctions in the UK?

A guide to the current consolidated list of asset freeze targets, and a list of persons named in relation to financial and investment restrictions under the Russia regulations

HM Treasury Notice, ISIL (Da’esh) and Al-Qaida, 18/06/2025 addedHM Treasury Notice, Global Anti-Corruption, 18/06/2025 added. HM Treasury Notice, Russia, 17/06/2025 added. HM Treasury Notice, Russia, 13/06/2025 added.

HMRC updates

Check if you can claim VAT relief on goods imported into Northern Ireland for onward supply to the EU

Find out if you can claim Onward Supply Relief on goods you import into Northern Ireland for onward supply to the EU (VAT Notice 702/7).

Link added to allow you to check if your business is in Northern Ireland for VAT purposes.

Direction under regulation 25(4AA) of the Value Added Tax Regulations 1995 (SI 1995/2518)

Direction to extend the deadline for submitting a final VAT return.

First published.

Check where an online marketplace seller is established

As an online marketplace operator, check if a seller is established outside the UK, so that you can work out who is liable for VAT on sales.

First published.

Charging VAT when goods are sold if you're an online marketplace operator

Find out how to work out what VAT to charge when goods are sold if you’re an online marketplace operator.

Clarified how to check if the goods are being sold by an overseas seller or a seller established in the UK for VAT purposes. 

CMA updates

Dynamic pricing: project update

Update on the Competition and Market Authority (CMA) project on dynamic pricing.

First published.

‘4Ps’ updates to the CMA’s mergers guidance (CMA2) and mergers notice template

The Competition and Markets Authority (CMA) invites views on proposed changes to its mergers guidance on jurisdiction and procedure (CMA2), and its mergers notice template.

First published.

Skills, employment, and training

Pathways to Work: Reforming Benefits and Support to Get Britain Working Green Paper

This consultation seeks views on the approaches government should consider around reform of the health and disability benefits system and employment support.

New North East consultation event date added.

Regulatory framework for apprenticeship assessment

Proposals for the regulation of the new arrangements for apprenticeship assessment.

First published.

Sustainability, Resources and Waste, including EPR (packaging)

Warwick Manufacturing Group (WMG) updated

A collaborative network and range of resources and events for manufacturers wanting to focus on sustainability.
Changed name of page to ‘Warwick Manufacturing Group’ from ‘Net Zero Innovation Network.’

Packaging data: what to collect for extended producer responsibility

A guide to collecting data about your packaging. This is for UK organisations affected by extended producer responsibility (EPR) for packaging.

Updating the section on small producers to add the 2 codes they must use, and to clarify under ##Data you must collect and report that they must record all drinks containers as ‘household drinks containers’ (which will now be consistent with the wording under ##Report packaging type data).

Organisation details: how to create your file for extended producer responsibility (EPR) for packaging

This guidance explains how to report organisation details in order to register for extended producer responsibility (EPR) for packaging. This is a legal obligation for organisations that are affected by EPR for packaging.

This adds information about reporting updates to organisation details during the reporting year, with codes for parent companies to report their changes

Extended producer responsibility for packaging: templates for organisation details

If you need to submit your organisation details under extended producer responsibility for packaging these CSV templates will help you to structure your data correctly.

This updates the organisation details template to accommodate mid-year leavers and joiners for groups

Environment Secretary leads a new push with business to restore nature

Environment Secretary Steve Reed has brought business leaders and investors together to scale up private investment in nature

First published.

Persistent organic pollutants (POPs): policy information

Information on the Stockholm Convention on persistent organic pollutants (POPs) and the UK’s obligations.

We have updated the paper to reflect the decisions made at COP in May 2025.

Defra Circular Economy newsletter 12 June: defracollectionandpackagingreform.cmail20.com/t/t-e-gyhuyjd-trhridjluy-e/

To note

The Circular Economy Joint Stakeholder Forum, previously scheduled for 1 July, has been postponed.

To support stakeholders in being able to attend other important events without missing the updates provided at their forum, Defra are amending the date and time to 14:30 on Tuesday 8 July. They hope this new time supports your attendance and apologise for any inconvenience.

You will need to re-register for the rescheduled Circular Economy Joint Stakeholder Forum on Tuesday 8 July. Please remember to do so via this link.