The UK Government unveils its "toughest crackdown" on late payments. The UK Government has announced plans to tackle late payments "with the most significant legislative reforms in 25 years." As part of the plan, the UK's Small Business Commissioner will be given new powers to conduct spot checks and enforce a 30-day invoice verification period, aiming to expedite resolutions to disputes. The upcoming legislation will also introduce maximum payment terms of 60 days, and audit committees will be legally required to scrutinise payment practices at board level, backed by mandatory interest charges for those who pay late. Noting that this issue costs the UK economy £11 billion a year and shuts down thirty-eight businesses every day, the UK Government advises that its plan will mean that the UK will have the "toughest late payment laws in the G7." For more information, go to https://www.gov.uk/government/news/time-to-pay-up-toughest-crackdown-on-late-payments-in-a-generation-unveiled-in-plan-to-back-small-businesses.
Licensed under the terms of Open Government. Licence v3.0.

​

​​Nearly 50,000 UK businesses are now in 'critical' financial distress. Research by Begbies Traynor has found that, as of June 30, 2025, 49,309 UK businesses were in 'critical' financial distress, representing a 21.4% increase from Q2 2024 and an 8.6% increase from Q1 2025. All sectors covered by Red Flag Alert experienced an increase over the last 12 months. Begbies Traynor also noted that some of the UK economy's key bellwether sectors experienced a significant rise in critical distress compared to Q2 2024, including the Support Services (+31.3%) and Construction (+15.8%) sectors. In addition, 'significant' financial distress rose by 10.8% year-on-year to 666,876 businesses, which represents a 15.2% increase over Q1 2025 (579,276). However, there were some positives, with six of the twenty-two sectors measured experiencing a year-on-year decline in 'significant' distress, including Printing and Packaging (23.5%), Manufacturing (11.6%), and Industrial Transportation and Logistics (10.1%). To read Begbies Traynor's news release, go to https://www.begbies-traynorgroup.com/news/business-health-statistics/critical-financial-distress-increases-across-the-economy.

​​

In H1 2025, UK-listed construction companies issued the most profit warnings since the pandemic. According to EY-Parthenon's latest Profit Warnings report, UK-listed companies in the FTSE Construction and Materials sector issued eight profit warnings during H1 2025, four times the number issued during the same period last year and the highest total since the Covid-19 pandemic in 2020. Listed firms in the sector issued three profit warnings in Q2, down slightly from the five recorded during the first quarter, which already equalled the total for the whole of 2024. Overall, UK-listed companies issued 121 profit warnings in H1 2025, including 59 during the second quarter. The leading factor behind profit warnings in Q2 was policy change and geopolitical uncertainty, cited in nearly half of the warnings. To read EY's news release, go to https://www.ey.com/en_uk/newsroom/2025/08/construction-companies-most-profit-warnings-since-pandemic.

​​​

August insolvency data: Overall volumes remained elevated following a steep rise in March and persistently high figures in the months since. New data from Creditsafe has revealed that August's insolvency figures indicate that 2,316 businesses across the UK and Northern Ireland entered insolvency, representing an 8% decrease from July 2025 and 2% lower than at the same time last year. However, despite this drop, overall volumes remained elevated following a steep rise in March and persistently high figures in the months since. Wholesale and Retail was the UK's hardest-hit sector in August, with 347 firms entering insolvency, accounting for 15% of all business failures that month. Additionally, sectors traditionally prone to high insolvency rates also saw notable figures. In August, the Construction sector experienced 334 insolvencies, while the Accommodation and Food Services sector faced 331 failures. Together, these two sectors represent 28% of all insolvencies for the month. To view Creditsafe's findings, go to https://www.creditsafe.com/gb/en/blog/reports/insolvencies.html.

​

Corporate insolvencies remained broadly stable in July. New data from the Insolvency Service has revealed that corporate insolvencies in England and Wales increased by 1.4% in July 2025, reaching a total of 2,081, compared to a total of 2,053 in June 2025. This represents a slight increase of 0.1% compared to July 2024's figure of 2,078, but a 15.2% increase from July 2023's total of 1,807. Tom Russell, President of R3 and Director at James Cowper Kreston, commented: "Corporate insolvencies remained broadly stable last month, with the trends showing a rise in Compulsory Liquidations and a slight uptick in Administrations, while Creditors' Voluntary Liquidations and Company Voluntary Arrangements fell. This pattern may suggest that fewer directors are choosing to close their companies voluntarily, whether because they are seeing improvements in trading conditions or are caught in a holding pattern, waiting to see where the economy may head next." To read R3's news release, go to https://www.r3.org.uk/press-policy-and-research/news/more/32555/page/1//.

​

Insolvency numbers in most sectors in England and Wales were similar to, or lower than, those in the preceding twelve months. New data from The Insolvency Service shows that 1 in 190 companies in England and Wales on the Companies House effective register (at a rate of 52.5 per 10,000 companies) entered insolvency between 1 August 2024 and 31 July 2025. This was a decrease from the 56.6 per 10,000 companies that entered insolvency in the 12 months ending 31 July 2024. Although company insolvency volumes over the past two years were at the highest levels seen since the 2008/09 recession, the number of companies on the Companies House register has increased over time. Therefore, recent insolvency rates have remained much lower than the peak rate of 113.1 insolvencies per 10,000 companies on the effective register during the 2008/09 recession. To read The Insolvency Service's news release, go to https://www.gov.uk/government/statistics/company-insolvencies-july-2025/commentary-company-insolvency-statistics-july-2025.
Licensed under the terms of Open Government. Licence v3.0.

​​​

​​Both Scotland and Northern Ireland have seen a reduction in insolvencies in the past 12 months. New data from The Insolvency Service shows that in July 2025, there were 116 company insolvencies registered in Scotland, slightly lower than the number in July 2024. The total number of company insolvencies was comprised of 68 CVLs, 43 compulsory liquidations, four administrations and one CVA. There were no receivership appointments. The total insolvency rate in Scotland in the 12 months to July 2025 was 51.4 per 10,000 companies. This was down by 2.4 from the preceding 12 months ending July 2024.

In July 2025, there were 14 company insolvencies registered in Northern Ireland, 30% lower than in July 2024. The total number of company insolvencies was comprised of one compulsory liquidation, 10 CVLs and three CVAs. There were no administrations or receivership appointments. The total insolvency rate in the 12 months to July 2025 in Northern Ireland was 36.9 per 10,000 companies on the effective register. This is a decrease of 3.5 from the 12 months to July 2024. To read The Insolvency Service's news release, go to https://www.gov.uk/government/statistics/company-insolvencies-july-2025/commentary-company-insolvency-statistics-july-2025.
Licensed under the terms of Open Government. Licence v3.0.

​

​

​​​​​UK Economy

​UK GDP forecast upgraded, but the outlook remains subdued. The EY ITEM Club has upgraded its forecast for UK GDP growth in 2025 from 0.8% to 1%, following a stronger-than-expected start to the year. However, the EY Summer Forecast predicts that persistent uncertainty in the global economy and international trade policy, alongside tightening fiscal policy, a weakening labour market and the lagged effect of higher interest rates, will weigh on economic momentum. These factors will combine to delay the UK's return to more moderate levels of growth. UK GDP growth is expected to remain subdued at 0.9% in 2026, before rising to 1.5% in 2027, and then rebounding to 1.8% growth in 2028. To read EY's news release, go to https://www.ey.com/en_uk/newsroom/2025/07/uk-gdp-forecast-upgraded-amid-global-uncertainty.

​

UK growth continues to flatline. The latest British Chambers of Commerce (BCC) economic forecast predicts that the UK economy will grow by 1.3% in 2025, revised up from the previous forecast of 1.1%. However, GDP is expected to slow slightly in 2026 to 1.2%, before rising to 1.5% in 2027 – unchanged from the previous forecast. The growth picture varies significantly across sectors. Construction is expected to be the best performing sector this year, growing by 1.5%, revised up from 0.8%. Meanwhile, services are forecast to grow by 1.3%, and manufacturing by 1%. In addition, exports across this year are projected to rise by 3.1% (an upward revision from 2.0% in the last forecast). The upgrade is reflective of stronger-than-expected performance in Q1 ahead of the introduction of US tariffs. However, exports will remain modest overall, and are forecast to grow by 3.3% in 2026 and 3.2% in 2027. To read the BCC's news release, go to https://www.britishchambers.org.uk/news/2025/09/bcc-economic-forecast-growth-continues-to-flatline/.

​

UK GDP grew by 0.4% in June 2025. Latest data from the Office for National Statistics (ONS) estimates that monthly GDP grew by 0.4% in June 2025, following an unrevised fall of 0.1% in May 2025 and a fall of 0.1% in April 2025. In the three months to June 2025, compared with the three months to March 2025, GDP is estimated to have grown by 0.3%, with growth in two of the three main sectors. A rise of 0.4% in the services sector made the most significant contribution to the increase in GDP, while construction output grew by 1.2%, and production output fell by 0.3% over this period. Looking over the longer term, GDP is estimated to have grown by 1.1% in the three months to June 2025, compared with the three months to June 2024. Compared with the same month a year ago, GDP is estimated to be 1.4% higher. To read the ONS's news release, go to https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/june2025

Licensed under the terms of Open Government. Licence v3.0.

​​

NIESR predicts a fragile outlook for UK growth in the second half of 2025. The National Institute of Economic and Social Research's (NIESR) latest UK Economic Outlook notes that, although GDP grew by a stronger than expected 0.7% in the first quarter of this year, its July forecast predicts that second quarter growth for 2025 will be weaker at 0.2%. Growth will then remain subdued for the remainder of this year. For the year as a whole, NIESR forecasts 1.3% GDP, a minor upward revision from its previous forecast, owing to the larger-than-expected growth outturn in the first quarter. NIESR then predicts GDP growth of 1.2% in 2026. NIESR's Outlook also suggests that inflation should fall gradually to target over the next three years, averaging 3.3% in 2025 and 2.8% in 2026. To read NIESR's Outlook, go to https://niesr.ac.uk/publications/uk-economic-outlook-chancellors-trilemma?type=uk-economic-outlook.

​

The outlook for the UK economy is "tepid" with increased risk of non-payment. Allianz Trade's Mid-Year Economic Outlook projects only modest GDP growth of 0.9% in 2025, edging up to 1.2% in 2026. Headwinds include the spillover from US trade policy, alongside domestic pressures such as potential tax rises, persistent inflation and elevated borrowing costs. Although insolvencies have eased this year, they remain above pre-pandemic levels, and payment behaviour is deteriorating. Over half of UK firms (56%) expect non-payment risk to rise over the next 6-12 months (vs 48% globally). Around 75% of UK companies are paid between 30-70 days (vs 70% worldwide), with manufacturers and larger firms waiting the longest. The result: big companies are increasingly acting as "invisible banks" to smaller suppliers. To read Allianz Trade's Outlook, go to https://www.allianz-trade.com/en_GB/insights/economic-research/mid-year-economic-outlook-majority-of-uk-firms-expect-increase-in-non-payment-risk.html.  

​​

UK economy: Falling behind the EU with rising insolvencies. Coface's latest Economic Outlook forecasts that the UK economy will grow by 1% in both 2025 and 2026. While this places the UK in line with other advanced economies in 2025, it is expected to fall behind in 2026 (the EU is projected to grow by 1.5%). Inflationary pressures remain a key concern. Coface expects UK inflation to peak at 3.5% in Q3 2025, before gradually easing but remaining above the Bank of England's 2% target throughout 2026. Furthermore, after signs of stabilisation, Coface is also warning that UK corporate insolvencies are once again on the rise and now expects a 3% increase in 2025. Three key UK sectors (automotive, chemicals, and metals) have been reassessed from High Risk to Very High Risk. To read Coface's news release, go to https://www.coface.uk/news-economy-and-insights/coface-risk-review-july-2025-uk-outlook-from-our-economist-jonathan-steenberg.

​

UK businesses are showing signs of resilience into Q3 of 2025. Dun & Bradstreet's latest UK Country Insight Report highlights the current UK macro-economic outlook and key credit trends. The report notes that the UK's credit environment is currently rated as a slight risk, reflecting an increased likelihood of delayed or non-payments, and was downgraded from DB3a earlier in the year to DB3b due to sluggish economic growth and persistent inflation. Overall, the UK economy is growing slowly, with GDP forecast to rise by 1.0% in 2025, a slight slowdown from the 1.1% growth seen in 2024. Although financial conditions remain tight, the UK macro-economic outlook is stable and business confidence is growing. John Payne, Senior Economist, Dun & Bradstreet, commented: "Now's the time for cautious optimism. The UK is bucking the global trend and is one of only four of 32 major economies not to report a decline in business optimism for Q3 this year." To read D&B's article, go to https://www.dnb.co.uk/blog/financial-risk/credit-risk/uk-country-insight-report-summary-june-2025.html.

​

UK firms are their most optimistic about trading prospects in over eleven years. According to the Lloyds Business Barometer, UK firms' overall business confidence index, which combines trading expectations and economic optimism, rose for a fourth consecutive month in August, reaching its highest level since late 2015. The Index increased by 2 points to 54%, driven by a 5-point rise in trading expectations to 63%, a level last exceeded more than 11 years ago in November 2015. This increase was driven by 69% of firms anticipating higher output (up from 66%) and 6% expecting a weaker outlook (down from 8%). However, economic optimism dipped slightly for the first time since April, though it continues to reflect generally positive sentiment about the wider economy. 66% of firms were more optimistic (up from 64%), but this was offset by a rise in those less upbeat to 22% (up from 17%). To read Lloyd's report, go to https://www.lloydsbank.com/business/resource-centre/insight/business-barometer.html.

 

​UK High Street sales fall further behind online trade in a disappointing July. According to the latest High Street Sales Tracker from BDO, total like-for-like retail sales (in-store and online) grew by just +2.8% in July, compared to a base of +3.0% in July 2024. Sales in bricks-and-mortar stores grew by 0.8% compared to July 2024, delivering a result significantly below inflation and making it the seventh consecutive month of lower in-store sales. Online trading propped up the retail sector's growth, with sales increasing by +8.3% compared to the same month last year. Sophie Michael, Head of Retail and Wholesale at BDO, commented: "We naturally expect retail sales to be challenging during the school holidays as families fly overseas and prioritise disposable income in spending on experiences and social activities. But this month's figures point both to a longer-term trend – the strengthening of online retail's supremacy over the high street – and the economic challenges the UK is facing." To read BDO's news release, go to https://www.bdo.co.uk/en-gb/news/2025/high-street-sales-fall-further-behind-online-trade-with-disappointing-july.

​

UK retailers report that sales volumes fell at a firm rate in the year to July. According to the latest CBI Distributive Trades Survey, the UK sales downturn has now stretched into a tenth consecutive month, with annual sales volumes expected to decline at a broadly similar pace next month. However, although sales for the time of year were judged to be "poor" in July, this was to a considerably lesser extent than in the month prior (-10% compared to -37% in June). However, next month's sales are expected to fall short of seasonal norms to a greater degree (-36%).​ In addition, data from the survey showed that retail orders placed with suppliers declined at a more moderate pace in the year to July (-21% from -51% in June), with retailers expecting to reduce orders at a slightly slower rate in August (-16%). To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/retail-sales-struggle-amid-subdued-demand-and-economic-uncertainty-cbi-distributive-trades-survey-july-2025/.

​

UK manufacturing output volumes fall in the three months to August. According to the CBI's latest Industrial Trends Survey, UK manufacturing output volumes fell at a sharp pace in the quarter to August, after being broadly flat in July. Manufacturers also expect output to fall again over the next three months to November. Output decreased in fourteen out of seventeen sub-sectors in the three months to August, with the fall in output being driven by the chemicals, paper, printing & media, and metal products sub-sectors. Total and export order books were also both reported as below "normal" and were below their long-run averages. To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/manufacturing-output-volumes-fall-in-three-months-to-august-cbi-industrial-trends-survey/.

​​​​

​​​​

Global: Late Payment, Insolvencies & Economic Growth​

The IMF expects global growth to decelerate as trade-related distortions wane. The IMF's latest World Economic Outlook (WEO) predicts that global growth will be 3.0% in 2025 and 3.1% in 2026, 0.2% higher than that in the reference forecast of the April 2025 WEO and 0.1% higher for 2026. Growth in advanced economies is projected to be 1.5% in 2025 and 1.6% in 2026. In the euro area, growth is expected to accelerate to 1.0% in 2025 and to 1.2% in 2026. This is an upward revision of 0.2% for 2025, but it is largely driven by the strong GDP outturn in Ireland in Q1 of the year (although Ireland represents less than 5% of euro area GDP). The WEO also suggests that risks to the outlook are tilted to the downside, as they were in the April 2025 WEO, noting that a rebound in effective tariff rates could lead to weaker growth. On the upside, global growth could be boosted if trade negotiations result in a predictable framework and a decline in tariffs. To read the IMF's WEO, go to

https://www.imf.org/en/Publications/WEO/Issues/2025/07/29/world-economic-outlook-update-july-2025.

 

NIESR expects the global economy to grow by 3% this year, one of the weakest growth rates since the Global Financial Crisis. The National Institute of Economic and Social Research's (NIESR) latest Global Economic Outlook predicts that global GDP growth will fall noticeably in the coming years. Momentum has been fading since the post-pandemic rebound in 2021, and new US tariff measures under President Trump are expected to intensify the deceleration—especially for the US, Canada, and Mexico. Overall, NIESR expects the global economy to grow by 3% this year, one of the weakest growth rates since the Global Financial Crisis in 2009 (excluding the pandemic-hit year of 2020). Global growth is then expected to slow further to 2.9% in 2026. NIESR also forecasts that US GDP growth will slow markedly from 2.8% in 2024 to 1.6% this year. To read NIESR's Outlook, go to https://niesr.ac.uk/publications/global-economic-outlook-summer-2025?type=global-economic-outlook.

​

Tariffs and uncertainty keep global growth subdued. Atradius' latest Economic Outlook forecasts that global growth will remain subdued at 2.4% in both 2025 and 2026, representing a downward growth revision for all major markets. Advanced economies are expected to grow at a modest pace of 1.3% in both 2025 and 2026, while the outlook for emerging market economies (3.8% growth across EMEs in 2025 and 3.6% in 2026) is on average stronger. However, it remains weak by historical standards. The Outlook also suggests that, although global trade showed robust growth in Q1 of 2025 as a result of the frontloading of export orders, trade growth is slowing significantly this year, to around 1%, as a result of the tariff escalation and policy uncertainty. Trade growth will be particularly weak in the US, Canada and Mexico, and to a lesser extent, Europe and China. Atradius then anticipates slightly higher trade growth in 2026, around 2%, as the global economy adjusts to the tariff shock. To read Atradius' Outlook, go to https://atradius.co.uk/knowledge-and-research/news/tariffs-and-uncertainty-undermine-global-growth.

 

Despite tariffs, global economic momentum is proving resilient. Investec’s latest analysis finds that, although tariffs have proved harsher than first assumed, global momentum has been surprisingly resilient — especially in Q2 2025. Investec advises that China is a case in point, having, in the wake of onerous US tariffs, found alternative markets for its exports. Investec notes that global "resilience" also shows up in the trade data, and cites UNCTAD data that estimates that global trade grew by an average 2.6% in H1 despite the higher-tariff backdrop. On the back of this firmer outturn, Investec has nudged its 2025 global GDP forecast up to 3.2% (from 3.1%) and expects growth to hold at 3.1% in 2026. The upgrade mainly reflects earlier underestimation of Q2 performance, which left H1 activity a touch more robust than previously thought. To read Investec's analysis, go to https://www.investec.com/en_gb/focus/economy/global-economic-overview-august-2025.html#fullcommentary.

​​​​​​​​​​​​​​​​​

​​​​​

Credit Management Resources

Company Watch launches Vigilance 2.0, its enhanced fraud detection software. Company Watch has announced that it has launched the next version of its fraud detection tool, Vigilance 2.0. Leveraging advanced algorithms to analyse Companies House filings, Company Watch advises that Vigilance now monitors twenty-five abnormal behaviour indicators across five key risk areas – up from 15 in the original release. This expanded capability enhances its ability to identify unusual activity and inconsistencies, allowing users to spot potential fraud, refine risk assessments, and automate detection to save time and resources. Craig Evans, CEO of Company Watch, commented: "Fraudsters never stop evolving their tactics. Vigilance 2.0 expands our detection framework to give businesses the tools they need to adapt to the new ECCTA landscape, stay ahead of emerging risks, and address potential fraud attempts quickly and confidently." For more information on Vigilance, go to https://www.companywatch.net/stop-business-fraud-with-vigilance/.

​

Good Business Pays TV: Practical ways to end late payment. Good Business Pays TV is a YouTube channel and podcast focused on ending the culture of late and slow payment. It shines a light on the cash-flow impact for SMEs and shares practical ways larger buyers can improve payment behaviour. Episodes mix interviews with business leaders and policymakers, case studies from entrepreneurs, and round-ups of B2B payment trends. Content is hosted by founder Terry Corby and expert guests. Recurring themes include payment culture, fair terms, fixing P2P bottlenecks, tracking on-time performance, and using data and technology to accelerate approvals. Presented accessibly, the channel champions better supplier relationships, celebrates prompt payers, and challenges practices that leave smaller firms waiting. For more information, go to https://goodbusinesspays.com/good-business-pays-tv/.​​​

​

​

​​​​​​​

Events & Professional Development​​

SCHUMANN Conference 2025, 18 September 2025. Marriott Hotel, Frankfurt, Germany.10.00 a.m.

We’re back – live and in person! The SCHUMANN Conference on Digital Credit Risk Management 2025 returns as an on-site event, bringing together thought leaders, practitioners, and innovators from across industries.

What to expect:

• Inspiring panel discussions

• Hands-on deep dive sessions

• Targeted masterclasses on key topics

• The Innovation Hub featuring our latest technologies and solutions

• Direct exchange with industry experts and partner companies

Learn from best practices, gain new insights, and network with professionals and peers – all topped off with an exclusive evening event.

 

Want to be part of it?

Feel free to get in touch: conference@prof-schumann.de

We’re looking forward to welcoming you!

 

​

GTR Commodities, 23 September 2025. Geneva

After a record-breaking attendance of over 450 delegates at the 10 year anniversary of GTR Commodities, we are delighted to be returning to Geneva on September 23, 2025!

The premier gathering for the global commodity financing sector will provide unmatched networking potential, giving ample opportunity to connect with leading industry representatives and exhibitors. Rekindle with peers and build new business contacts in over 3 hours of breaks in the exhibition hall. Over 50 top commodity trade and finance experts will gather in high-level event discussions to explore the latest market insights and share first-hand industry experiences. GTR looks forward to seeing you there!

Event discussions include:

• Emerging volatility in global commodity trade and navigating uncertainty

• Global trade tariffs and the outlook for commodity price signals

• Long-term strategies for corporate investment and capital diversification

• Short-term cash flow and working capital solutions for SME traders

• Managing geopolitical and supply chain risk to inventory and trade

• Liquidity and capex needs for soft and hard commodity markets

10% Early Booking Discount– Available until August 22, 2025.
For details, go to https://www.gtreview.com/events/europe/gtr-commodities-2025-geneva/.

 

​

Asia 2025: Agency, Energy & Infrastructure Finance, 14-16 October 2025. Singapore 

Be part of Asia’s most senior gathering for agency-backed finance

This October, join the region’s leading minds in Singapore for Asia 2025: Agency, Energy & Infrastructure Finance, the premier event dedicated to unlocking project and energy finance opportunities across Asia-Pacific.

Hosted by Exile Group, this three-day conference brings together decision-makers from export credit agencies, development finance institutions, banks, sponsors, law firms, and government to discuss the financing of tomorrow’s infrastructure. With tailored networking, insightful panels, and exclusive closed-door sessions, the event offers a unique opportunity to build relationships and identify new deals in key markets from Southeast Asia to Central Asia.

Whether you're advancing sustainable infrastructure, exploring new energy transitions, or facilitating cross-border projects, this is your platform to engage with the right people in the right place.

For more information visit the website, or contact us at marketing@exilegroup.com. 

 

​​

GTR Egypt, 15 October 2025. Cairo
Following a highly successful event in 2024, which welcomed around 500 delegates, GTR is thrilled to announce its return to Egypt’s capital on October 15, 2025.

Continuing its mission of facilitating cutting-edge insights and innovative ideas in the world of Egyptian trade and export finance, GTR Egypt 2025 will serve as the premier platform for industry professionals to gain fresh perspectives on the future of the market within a broader global context.

From in-depth panel discussions to dynamic networking opportunities in the exhibition hall, don’t miss out on this unique opportunity to engage with corporates, financiers and key stakeholders involved in Egyptian trade and exports.

The GTR team look forward to welcoming you back to Cairo for the next edition!

2024 event discussion themes:

• Is Egypt’s economy finally moving in the right direction?

• Strategic realignment of trade corridors and supply chains

• Overcoming trade barriers and bottlenecks through digitisation

• Changes to the ECA offering and what it means

• The business of treasury explained

Supply chain finance 2.0: Are we entering a new phase?
​10% Early Booking Discount– Available until September 12, 2025.

For details, go to https://www.gtreview.com/events/mena/gtr-egypt-2025-cairo/.

 

​

GTR Türkiye 2025, 20 October 2025. Istanbul.
Having welcomed around 350 delegates to GTR Türkiye last year, we are delighted to return to Istanbul on October 20 for GTR Türkiye 2025.

The leading conference for market insights on exports and trade will once again provide unmatched networking opportunities, enabling delegates to build connections with highly esteemed exhibitors and forge new business contacts. GTR Türkiye will host thought-provoking discussions, where over 50 trade and exports specialists will discuss finance and trade trends in Türkiye as well as the challenges, pressures and solutions. The GTR team looks forward to seeing you again!

Event discussion themes include:

• Emerging flare points and Türkiye in a shifting trade landscape

• Türkiye’s export outlook and optimising corporate strategy

• Agile working capital solutions for SMEs and corporates

• Expanding the domestic bank and FI liquidity ecosystem

• Trade volatility and cashflow, payment and supply chain solutions

• The outlook for new trade linkages and diversifying exports

​10% Early Booking Discount– Available until September 19, 2025.

For details, go to https://www.gtreview.com/events/europe/gtr-turkey-2025-istanbul/.​

 

​

GTR Africa London, 20 November, 2025. London
Set to return on November 20, 2025, GTR is excited to welcome back delegates to GTR Africa London, the UK’s leading and unrivalled Africa-focused trade, export and infrastructure financing conference.

With the anticipated attendance of over 500 industry and trade finance leaders and more than three hours of dedicated networking opportunities, GTR Africa London provides the ideal platform to connect and establish new relationships with leading professionals shaping the future of African trade.

Expect to hear from over 50 expert speakers as they tackle the latest challenges facing African trade, export, and infrastructure finance, and explore the complexities of a rapidly changing global economy and emerging opportunities for trade in Africa. GTR looks forward to seeing you there!

2024 event discussion themes:

• A macro-economic analysis for African trade

• Climate-aligned infrastructure and alternative finance

• Working capital, SME and local bank credit solutions

• The export credit market and impact of OECD reform

• Sovereign debt frameworks and the outlook for reform

​10% Early Booking Discount– Available until October 17, 2025.

For details, go to https://www.gtreview.com/events/europe/gtr-africa-2025-london/.

 

​

TXF Export Finance Dealmakers Assembly 2025, 25-26 November 2025. Vienna.

Join the Export Finance Dealmakers in Vienna

Exile Group invites you to Vienna this November for the TXF Export Finance Dealmakers Assembly 2025 – the essential meeting point for the global export finance community.

This two-day event brings together senior representatives from ECAs, exporters, borrowers, banks, and governments for high-impact networking, strategic discussions, and business-critical connections. With a sharp focus on deal origination and execution, experience a streamlined, dealmaker-driven format designed to maximise face time and accelerate relationships.

Whether you’re closing deals, sourcing finance, or driving policy, Vienna is the place to meet your counterparts and shape the future of export finance.

For more information visit the website, or contact us at marketing@exilegroup.com.

 

​

GTR Nordics, 26 November 2025. Stockholm.
We are thrilled to announce that GTR Nordics will return to Stockholm on November 26, 2025! The region’s premier annual trade, supply chain and export financing event will bring together over 60 thought leaders to discuss the evolving opportunities and challenges impacting Nordic trade, with unmissable networking opportunities providing the chance to connect with the market’s top players, catch up with industry peers and forge new business connections. We hope to see you there!

2024 key discussion themes included:

• Transitional investment and sustainability strategy

• The evolving value of supply chain finance

• Financing transition-critical Nordic industries

• Supporting Ukraine reconstruction

• Working capital optimisation and innovation

• Trade fintech and ecosystem digitalisation

10% Early Booking Discount– Available until October 24, 2025.

For details, go to https://www.gtreview.com/events/europe/gtr-nordics-2025-stockholm/.​

 

​

GTR US, 3 December 2025, New York
GTR are delighted to make a return to Manhattan on December 3, 2025 for the next instalment of GTR US! The leading event for the US trade, supply chain, working capital financing and risk management community will bring together over 500 industry leaders to discuss the emerging trends and opportunities across the market with numerous highly focused and thought-provoking conversations. Providing unmatched networking opportunities with leading industry representatives and exhibitors, don’t miss the chance to rekindle with peers and create new business. GTR looks forward to seeing you there!

2024 key discussion themes included:

• Trade and working capital financing priorities

• Intra-American supply chain growth

• Inventory management practicalities

• Basel Endgame and Regulation Q

• eBills and fintech interoperability

• AI, data and the next trade generation

GTR US once again represents an unmissable date for all those seeking to build their network and practical knowledge across trade, supply chain and working capital financing.

10% Early Booking Discount– Available until October 31, 2025.

For details, go to https://www.gtreview.com/events/americas/gtr-us-2025-new-york/.

​​​​​​​​​

​

 

About this month's Sponsor: Tinubu

Tinubu is the global category leader in enterprise SaaS solutions purpose-built for the specialty insurance industry. Headquartered in Paris and operating across five continents, Tinubu empowers insurers, MGAs, and brokers with configurable, cloud-native platforms that drive digital transformation across the insurance value chain — from underwriting and policy administration to distribution and claims.
With more than 25 years of domain expertise, Tinubu combines technology innovation with insurance know-how to help specialty carriers scale, adapt, and lead in one of the most complex and fragmented areas of the industry. Its platforms integrate AI-driven insights, no-code configurability, and modular design to enable speed, efficiency, and consistency while reducing operational risk.
In 2025, Tinubu raised $45 million in growth capital led by Morgan Stanley Expansion Capital and completed the acquisition of Innoveo, expanding its offering with rapid-deployment, no-code capabilities across additional specialty lines such as cyber, accident & health, marine, and aviation.
Today, Tinubu employs more than 350 people across Paris, New York, Zurich, Orlando, Budapest, Bangalore, and Singapore. It serves more than 45 insurers and 150 agencies worldwide, supporting specialty lines including trade credit, surety, political risk, accident & health, marine, aviation, and cyber. A key differentiator is Tinubu’s in-house team of 18 risk analysts, providing unmatched domain expertise in specialty insurance.
Our vision: To be the world’s most flexible, intelligent, and trusted software partner for specialty insurance.
Our promise: Multiplying possibilities by connecting the entire insurance value chain.