UK: Late Payment, Business Distress & Insolvencies​​​​

​More than 53,000 UK firms are under severe financial pressure as critical financial distress rises 9%. BTG's latest Red Flag Alert shows that 53,756 UK businesses were in "critical" financial distress in Q2 2026, up 9.0% from 49,309 a year earlier. Consumer-facing sectors recorded some of the highest annual increases, including Leisure and Cultural Activities (+27.1%), Hotels and Accommodation (+26.6%), Sports and Health Clubs (+21.0%) and Food and Drug Retailers (+18.4%). BTG also reported a 1.1% rise in "significant" financial distress to 674,030 businesses, with widespread pressure evident across several consumer-facing parts of the economy. The largest numbers were in Support Services (103,815), Construction (101,568) and Real Estate and Property Services (88,855). To read BTG's news release, go to https://www.btguk.com/news/red-flag-alert-q2-2026-figures-released.​

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​UK large business late payments fell to 15% in 2025. UK large businesses paid 15% of invoices after agreed terms in 2025, down from 16% in 2024 and 25% in 2018, according to UK government payment-practices statistics. By value,14% of invoices were paid late. The median payment time was 32 days, unchanged since 2023 but lower than 35 days in 2018. Manufacturing recorded the highest late-payment rate by number at 21%, while water, sewerage, waste and remediation had the highest by value at 22%. The government said the proportion of invoices paid late by large businesses has steadily decreased since 2018, although nearly one in six invoices were still paid late in 2025 and performance varied considerably between sectors. To read Gov.uk's news release, go to https://www.gov.uk/government/statistics/large-businesses-payment-practices-and-performance-statistics-2025/large-businesses-payment-practices-and-performance-statistics-2025-commentary#summary-of-results. Licensed under the terms of Open Government Licence v3.0.

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​Fewer UK business failures, but start-ups also decline. R3's latest Quarterly Business Health report, based on Creditsafe data, shows a decline in both UK business failures and new company formations in the second quarter of 2026. There were 6,854 insolvency-related activities during the period, 6% fewer than in Q2 2025 and 5% below the previous quarter. However, the number of newly registered companies also fell, with 184,873 formations recorded, down 6% year on year and 2% from Q1 2026. The figures suggest that while fewer businesses are entering formal distress processes, confidence remains subdued, with entrepreneurs remaining cautious about launching new ventures amid higher employment costs, geopolitical uncertainty and concerns around consumer demand and cashflow To read R3's news release, go to https://www.r3.org.uk/news/r3-report-business-failures-fall-as-appetite-for-start-ups-weakens/.

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Marsh warns business confidence may be masking rising financial exposure. Marsh's Trade Credit Report 2026 warns that confidence among UK businesses may be masking growing financial exposure. Based on research among 1,000 UK CEOs and finance directors, 85% of organisations experienced more late payments over the past year, while 75% reported more bad-debt write-offs and 76% suffered financial losses due to late payments. Marsh says businesses should treat pressures such as late payments, supplier instability, and digital disruption as signals to reassess protection. The report also highlights growing customer and supplier concentration and AI-related risks. It identifies trade credit insurance, receivables financing and digital monitoring as tools that can improve visibility and protection amid volatile trading conditions. To read Marsh's report, go to https://www.marsh.com/en-gb/services/trade-credit/insights/trade-credit-report-2026.html.

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UK SMEs are hit hard by currency volatility driven by the Iran War and Trump tariffs. Bibby Financial Services' (BFS) latest annual Trading Places report has found that 44% of internationally trading SMEs have been affected by currency fluctuations, with those impacted experiencing an estimated average loss of £71,600. More than two-thirds (69%) of SMEs say international trading conditions have increased pressure on their cashflow in the past 12 months. Furthermore, just under a third (29%) report late payment from overseas customers, while 26% have seen a rise in international customer insolvency. Seven in ten say they are at significant or moderate risk of entering administration if geopolitical tensions continue. To read BFS' report, go to https://www.bibbyfinancialservices.com/report/international-trade-report-2026.

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UK business insolvencies fall 19% in August. Creditsafe reports that 2,074 businesses across the UK and Northern Ireland entered insolvency in August 2026, down 19.4% from July and 10% year-on-year. Construction remained the most affected sector, with 350 insolvencies, accounting for 17% of failures, followed by wholesale and retail with 290 and accommodation and food services with 261. The latest figures build on the improvement seen earlier in the year. Insolvencies fell by over 16% in Q2 compared to Q1 (with 7,224 total insolvenices in Q1 compared to 6,869 in Q2), and August's decline suggests this downward trend could continue through the third quarter. Howvwe, insolvency levels remain elevated by historical standards. To read Creditsafe's news release, go to https://www.creditsafe.com/gb/en/blog/reports/insolvencies.html.

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UK company insolvencies rose 5% in July. Official Insolvency Service statistics show corporate insolvencies in England and Wales increased by 5% month-on-month in July 2026 to 1,931, from 1,847 in June. However, the total was 5% below the 2,031 cases recorded in July 2025. Commenting on the figures, R3 President Sonia Jordan said businesses remain under pressure from an uncertain economic environment and thin margins. Construction and manufacturing were among the six industries recording the highest insolvency numbers in July. R3 also noted ONS figures showing UK GDP grew 0.4% in the three months to June, while job vacancies are at a five-year low. To read R3's news release, go to https://www.r3.org.uk/news/company-insolvencies-rise-by-5-as-business-pressures-persist/.

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Commercial Payments Bill advances following 30 government amendments. The Commercial Payments Bill has completed its House of Lords committee stage, where the House agreed to 30 government amendments. According to a new House of Lords Library briefing, the bill would impose stricter maximum payment terms, prohibit the withholding of retention sums under construction contracts and strengthen the Small Business Commissioner's powers to adjudicate payment disputes and investigate persistent poor payment practices. The bill received an unopposed second reading in June, and the committee stage was completed on 21 July. The briefing says 44% of SME invoices are paid late and estimates that late payments cost the UK economy £11 billion a year, with 14,000 businesses closing annually as a result. To read the the House of Lords Library briefing, go to https://lordslibrary.parliament.uk/research-briefings/lln-2026-0049. Licensed under the terms of Open Government Licence v3.0.

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UK & Republic of Ireland Economy
UK economy grew 0.3% in June as services drive expansion. The UK economy grew by 0.3% in June 2026, according to the Office for National Statistics (ONS), following no growth in May and a 0.1% contraction in April. Over the three months to June, GDP increased by 0.4%, marking a seventh consecutive period of three-month growth, although the pace slowed from 0.6% in the three months to May. Services remained the main driver, rising 0.5% over the quarter and 0.4% in June. By contrast, production was flat over the three-month period and fell 0.2% in June, while construction rose 0.3% over the quarter but slipped 0.1% in the month. Over the longer term, GDP is estimated to have grown by 1.1% in the three months to June 2026, compared with the same three months a year ago. To read the ONS's news release, go to https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/june2026.
icensed under the terms of Open Government Licence v3.0.

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NIESR raises UK growth forecast to 1.1%. The National Institute of Economic and Social Research's (NIESR) Economic Outlook Summer 2026 has raised its forecast for UK GDP growth this year to 1.1%, up from 0.9% in the spring, following a stronger-than-expected start to 2026 and 0.6% growth in the first quarter. However, growth is expected to slow markedly in the second half as higher energy costs squeeze real incomes and uncertainty weighs on investment. NIESR expects GDP growth to remain at 1.1% in 2027, although risks are clearly skewed to the downside. In a scenario where oil and gas prices rise by 50% and remain elevated until the end of 2027, it estimates UK GDP growth would slow to 0.9% next year. To read NIESR's Economic Outlook, go to https://niesr.ac.uk/reports/economic-outlook-summer-2026.​
 

Growth predictions for the UK economy in 2026 have risen slightly to 1.1%. The Building Cost Information Service (BCIS) says independent forecasts received by HM Treasury in August point to UK GDP growth of 1.1% in 2026, up from 1.0% in July, with growth of 1.2% forecast for 2027. BCIS chief economist Dr David Crosthwaite said the underlying outlook remains one of subdued growth, with some hesitation around investment and decision-making likely in the run-up to the Autumn Budget. CPI inflation is forecast to average 3.4% in the fourth quarter of 2026 before easing to 2.2% by the end of 2027. BCIS said persistent inflation could keep borrowing and financing costs elevated, affecting project viability, investment decisions and the pace of development. To read BCIS's news release, go to https://www.bcis.co.uk/news/latest-economic-forecasts/.

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NIESR expects UK growth to slow to 0.2% in the third quarter. The National Institute of Economic and Social Research's (NIESR) latest GDP Tracker says the UK economy grew by 0.4% in Q2 2026, following monthly growth of 0.3% in June. However, it forecasts growth of just 0.2% in the third quarter, with only shallow monthly increases expected as production loses momentum, although services should remain relatively resilient. NIESR says the economy has weathered the recent energy shock better than many feared, but warns that the recent pace of growth is unlikely to be sustained. Inflation and unemployment are expected to rise in the coming months, while business sentiment remains fragile and could weaken further with ongoing energy-price volatility. To read NIESR's GDP Tracker, go to https://niesr.ac.uk/publications/not-out-woods-yet.

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Cebr forecasts that the UK economy will expand by 1.2% in 2026. The Centre for Economics and Business Research's (Cebr) Economic Outlook Q3 2026 advises that the UK economy grew by 0.4% quarter-on-quarter in Q2 2026, a modest deceleration from 0.6% recorded in Q1. Growth was concentrated in the latter part of the quarter as reverberations from the conflict in the Middle East continued to reach the UK economy. Looking ahead, momentum is expected to wane moving into the second half of the year. Cebr forecasts that the UK economy will expand by 1.2% in 2026, slightly weaker than 2025. The primary headwind remains the fallout from the war in Iran. To download Cebr's report, go to https://cebr.com/uk-economic-outlook/.

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The UK economy is proving more resilient than expected. The House of Commons Library says the UK economy is proving more resilient than expected despite the continuing conflict in the Middle East. Its latest economic update notes that GDP in April to June 2026 was about 1.1% higher than a year earlier, compared with an IMF forecast in April of just 0.8% growth for 2026 as a whole. Independent forecasters surveyed by HM Treasury now expect, on average, UK GDP to grow by around 1.1% in 2026. The Library says the economy appears to have returned to steady, if unspectacular, growth since around 2024, while recent estimates also suggest productivity has improved and business and consumer confidence strengthened in August. To read the House of Commons Library briefing, go to https://commonslibrary.parliament.uk/research-briefings/cbp-11077/.
icensed under the terms of Open Government Licence v3.0.

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UK flash PMI signals stronger economic growth in August. S&P Global's August flash PMI indicates that UK economic growth strengthened during the month, with the Composite PMI Output Index rising from 52.2 in July to 52.5, its highest since April and consistent with around 0.3% GDP growth in the third quarter. Services led the expansion, supported by technology investment, consumer-facing activity and travel, while manufacturing output growth slowed to a five-month low. Business confidence also improved to its highest since the Middle East conflict began in February. However, cost pressures remain elevated because of energy prices, supply disruption and staffing costs, while weaker export trends and domestic policy uncertainty continue to weigh on the outlook. To read S&P Global's commentary, go to https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/08/uk-flash-pmi-signals-stronger-economic-growth-and-improved-confidence-in-august.

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EY warns a prolonged closure of Hormuz could push the UK economy into contraction. EY has raised its forecast for UK GDP growth in 2026 from 0.8% to 0.9%, citing stronger-than-expected resilience, while maintaining its 1.2% projection for 2027. However, its latest UK Economic Outlook warns that growth remains vulnerable to disruption in the Strait of Hormuz. EY's baseline is the predicted scenario if the waterway reopens by the end of the third quarter, albeit with subdued tanker traffic. If the conflict escalates and the Strait stays closed until early or mid-2027, UK growth could slow to 0.5% in 2026 before the economy contracts by 0.2% next year. Under this scenario, inflation could reach 6.4% by the end of 2026, compared with 3.5% if the Strait reopens by the end of the third quarter. To read EY's news release, go to https://www.ey.com/en_uk/newsroom/2026/08/ey-upgrades-uk-economic-outlook-but-challenges-remain.

 

UK export orders have fallen to one of their weakest levels in 20 years. UK export orders fell to one of their weakest levels in the past two decades during the second quarter of 2026, with only the Covid-19 pandemic and the 2008–09 financial crisis producing worse results. Research from the British Chambers of Commerce (BCC), based on responses from more than 2,400 exporters, found that just 16% of respondents reported an increase in overseas orders, down from 25% in Q1, while 26% recorded a fall. Micro-exporters were particularly affected, with only 11% reporting growth, compared with 26% of large firms. The deterioration is also stark compared with Q2 2018, when 31% of exporters reported rising orders and only 14% saw a decline. To read BCC's news release, go to https://www.britishchambers.org.uk/news/2026/07/uk-exporters-floundering-as-headwinds-build/.
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UK business activity reaches highest level since January 2025. UK business activity strengthened further in August, according to BDO’s latest Business Trends report, with its Output Index rising from 98.22 in July to 98.37. Growth was again led by the services sector, particularly travel and leisure, which benefited from seasonal demand, although weak exports limited the overall improvement. Manufacturing activity remained in expansionary territory, despite the Manufacturing Output Index edging down to 95.58 as the temporary boost from precautionary stockpiling continued to fade and export demand weakened. Business confidence also improved markedly, with BDO’s Optimism Index climbing to 94.22 — its highest level since immediately before the Autumn Budget in 2024. To read BDO's news release, go to https://www.bdo.co.uk/en-gb/news/2026/business-optimism-rebounds-in-august-as-firms-now-await-autumn-budget.

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UK manufacturers face a sharp fall in orders as costs rise. The CBI's latest Industrial Trends Survey shows UK manufacturing output fell in the three months to July, extending a period of flat or declining volumes since mid-2024. Total new orders fell at the fastest pace in six years, with weighted balances of -29% for domestic orders and -16% for export orders. Cost pressures intensified, with average costs rising at their fastest pace since October 2022, while weak demand limited manufacturers' ability to raise prices. Investment intentions remained weak, with firms planning cuts to buildings, plant and machinery, innovation and training. Employment also fell and is expected to decline further over the next three months. To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/orders-fall-as-manufacturers-struggle-to-absorb-cost-pressures-cbi-industrial-trends-survey/.

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​Global: Late Payment, Insolvencies & Economy

Global cash conversion cycle remains structurally high. Allianz Trade reports that the cash conversion cycle (CCC), which measures how long companies take to turn cash spent on operations into cash collected from sales, rose to 67 days in 2025. This was three days above the 10-year average and close to a 2023 high of 68 days. Its Days Sales Outstanding (DSO) and CCC report says the increase was driven by companies building inventories to strengthen resilience. Differences are wide: 25% of companies have a CCC below 43 days, while 25% exceed 107 days. Of 20 sectors analysed, 12 had longer cycles. Automotive suppliers added four days; paper, metals and textiles each added three. Transport equipment fell by six days, computers and telecom fell by four, and energy fell by three. Allianz Trade forecasts a moderate increase in CCC for 2026. To read Allianz Trade's news release, go to https://www.allianz-trade.com/en_global/news-insights/news/dso-report-2026.html.

 

D&B study reveals wide disparities in global payment behaviour. The CRIBIS Payment Study 2026, developed in collaboration with the Dun & Bradstreet Worldwide Network, highlights wide differences in business payment behaviour across global markets. In Central and Northern Europe, Denmark recorded the highest share of on-time payments at 94.9%, followed by Poland at 86.6%, while the UK stood at 60.5%. Southern Europe was more mixed: Hungary led at 75.8%, but only 19.2% of Bulgarian companies and 20.2% of Portuguese companies paid on time. Greece had the highest share of payments more than 90 days late at 15.1%, followed by Bulgaria at 9.6%. In North America, 60.3% of US companies paid on time, compared with 42.3% in Canada and 32.3% in Mexico. Thailand reached 74.8%, New Zealand 83.1% and Australia 64.7%. To read D&B's report, go to https://www.dnb.co.uk/blog/financial-risk/wwn-cribis-payment-study-2026.html.

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Atradius warns the global outlook remains fragile. Atradius says the global economy has weathered the initial shock of the US-Iran conflict better than feared, but that resilience depends on a gradual reopening of the Strait of Hormuz and a further easing of energy prices. Its latest Economic Outlook forecasts global GDP growth slowing from 3.0% in 2025 to 2.4% in 2026, before rebounding to 3.1% in 2027. Global trade growth is expected to fall below 2% this year, as higher energy prices, weaker import demand and trade-policy uncertainty curb the stronger-than-expected expansion seen in 2025, supported by tariff frontloading and strong demand for AI-related goods. Atradius identifies renewed escalation of the conflict as the principal downside risk. If fighting resumes and the Strait remains closed until the fourth quarter, global growth could fall to recessionary levels of 1.9% in 2026 and 1.4% in 2027. To read Atradius' news release, go to https://atradius.co.uk/knowledge-and-research/reports/economic-research-economic-outlook-july-2026.

 

IMF forecasts global GDP growth of 3.0% in 2026. The IMF's latest World Economic Outlook Update forecasts global GDP growth of 3.0% in 2026 and 3.4% in 2027, compared with 3.5% in 2025. Growth in advanced economies is expected to reach 1.7% this year and 1.8% next year, with US growth at 2.3% and 2.2%. Euro area GDP is forecast to expand by 0.9% in 2026 and 1.2% in 2027, while UK growth is projected at 1.0% and 1.3%. Emerging market and developing economies are expected to grow by 3.8% this year and 4.5% next year. China is forecast to grow by 4.6% in 2026 and 4.1% in 2027. The IMF says the slowdown reflects Middle East war, partly offset by stronger technology-driven demand. To download the IMF's report, go to https://www.imf.org/en/publications/weo/issues/2026/07/08/world-economic-outlook-update-july-2026.​

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Allianz expects only a mild slowdown in global growth. Allianz research expects global growth to ease to 2.5% in 2026 before recovering to 2.9% in 2027. Investment in artificial intelligence is helping to offset the effects of the energy shock and renewed trade tensions, although pressure on consumer purchasing power and corporate profitability remains. The US economy is forecast to grow by 2.1% in 2026, supported by energy exports, fiscal stimulus and AI investment, which is expected to contribute around one-third of growth. The Eurozone, excluding Ireland, is projected to expand by just 0.9%, while China is forecast to grow by 4.7%, supported by exports and high-tech manufacturing. Global goods trade is expected to rise by 2.9% in volume in 2026 and by 2.4% in 2027, despite higher US tariffs. To read Allianz’s news release, go to https://www.allianz.com/en/economic_research/insights/publications/specials_fmo/260708-economic-outlook.html.​

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​Reshaping global supply chains could cost $23.6 trillion by 2050. New EY-Parthenon research estimates that replicating China-linked supply chains across the US, Eurozone and UK could require $23.6 trillion of investment by 2050. Rebuilding these East–West supply chains could cost $13.7 trillion in the US, $9.1 trillion in the Eurozone and $800 billion in the UK, spanning physical infrastructure, R&D, software, advanced manufacturing, transport networks, supplier ecosystems and workforce skills. Manufacturing, mining, and power and utilities would account for almost $13 trillion of the total, reflecting their reliance on Chinese inputs. To read EY's news release, go to https://www.ey.com/en_uk/newsroom/2026/07/reshaping-supply-chains.​​​​

 

Euro area GDP grew by 0.4% in the second quarter of 2026. Eurostat's latest flash estimate shows seasonally adjusted GDP increased by 0.4% in the euro area and 0.5% across the EU in Q2 2026, following zero growth and 0.1% respectively in Q1. Year on year, GDP rose 1.0% in the euro area and 1.2% in the EU. Among EU Member States reporting data, Ireland recorded the strongest quarterly growth at 3.9%, followed by Slovenia at 1.8%, Lithuania at 1.7% and Sweden at 1.4%. Poland and Finland each grew 0.9%, while Spain expanded 0.7%. Germany and Italy grew just 0.2%, while France also recorded 0.2% growth. To read Eurostat's news release, go to https://ec.europa.eu/eurostat/web/products-euro-indicators/w/2-14082026-ap.

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Atradius says Emerging Asia remains a key global growth engine despite external shocks. Atradius' September 2026 Emerging Asia Economic Outlook forecasts strong but increasingly uneven growth across the region. Vietnam is expected to lead with GDP growth of 8.3% in 2026 and 7.7% in 2027, followed by India at 6.7% and 6.8%. Malaysia is forecast at 5.2% and 4.6%, Indonesia at 5.0% in both years, and China at 4.8% and 4.6%. Thailand is expected to slow to 2.0% and 1.7%, while the Philippines is forecast at 3.5% in 2026 before rebounding to 5.9% in 2027. Atradius says energy costs, trade fragmentation and geopolitical tensions are testing resilience. To read Atradius' report, go to https://group.atradius.com/knowledge-and-research/reports/economic-research-regional-outlook-emerging-asia-september-2026.

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​​​​Credit Management News & Resources
Fair Payment Code directory helps suppliers check UK companies' payment commitments. The Small Business Commissioner maintains a searchable directory of organisations holding Gold, Silver or Bronze Fair Payment Code awards. Entries show the company’s award level, expiry year, Companies House number, region and industry. Gold requires at least 95% of invoices to be paid within 30 days. Silver requires at least 95% to be paid within 60 days, including 95% of invoices from small suppliers within 30 days, while Bronze requires 95% within 60 days. Users can search by company or sector or download the complete list. To use the directory, go to https://www.smallbusinesscommissioner.gov.uk/fpc/awardees.

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Company Watch adds investor and public-sector contract data. Company Watch has announced details of two additions to its risk intelligence platform. The Investment Indicator, available to Gold subscribers, provides investor data covering around 400,000 companies that have raised capital. It classifies investors as angel, corporate venture capital, venture capital, private equity, officer or family, and shows the total purchase value and relevant shareholding dates. The Public Sector Contracts beta, also available to Gold subscribers, draws on Contracts Finder and the Find a Tender Service to show contracting authorities, suppliers, values, contract periods and status. The data provides additional context for assessing investor backing, public-sector exposure, revenue concentration and delivery capacity. For more information, go to https://www.companywatch.net/product-releases/.

 

New guide signposts support for unpaid invoices. The UK's Office of the Small Business Commissioner (OSBC) has published a new guide to the organisations and advisers that can assist businesses experiencing payment problems, including cases the OSBC cannot handle itself. The resource covers government-backed business support services, Growth Hubs, trade associations, accountants, lawyers, debt collection agencies, invoice-finance providers and mediation services. It also outlines the types of help available, from cash-flow and debt-recovery guidance to template demand letters and specialist legal advice. Businesses are advised to attempt informal resolution first and retain written records of their communications. To access the guide, go to https://www.smallbusinesscommissioner.gov.uk/help-and-guidance/all-advice/guide-to-wider-payment-support-who-else-might-be-able-to-help/.

 

Updated invoice templates support service exporters. WorldFirst has updated its invoicing guide and downloadable templates for UK businesses supplying services overseas. Updated on 19 August, the resource provides Word, Excel and PDF templates for sole traders, VAT-registered businesses, freelancers and companies invoicing in multiple currencies. It explains the information a UK invoice should contain and considers additional cross-border requirements, including purchase-order references, VAT treatment, withholding tax, payment currency and receiving instructions. The guide also covers current UK late-payment rights and provides practical checks intended to reduce administrative errors that can delay approval and payment. To access the guide and templates, go to https://www.worldfirst.com/uk/blog/global-business-tips/invoice-template-uk/.

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European Commission calculator helps businesses calculate EU late-payment interest. The European Commission provides a free calculator for businesses based in EU countries that are owed money by another business or public authority. Users select the creditor’s country and enter the invoice value, including VAT, and the relevant dates to calculate the statutory interest due. The accompanying guidance provides current statutory interest rates for each EU member state and explains entitlement to recovery-cost compensation. It also covers domestic and cross-border transactions, although the rules do not apply to consumer debts or insolvency proceedings. To use the calculator, go to https://europa.eu/youreurope/business/finance-and-tax/making-receiving-payments/late-payment/index_en.htm.

 

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Events & Professional Development​​

GTR Commodities 2026, Geneva. 23 September 2026.
Following a record-breaking attendance of over 600 attendees at GTR Commodities 2025, we are already looking forward to hosting the leading gathering for the commodity community in 2026!

With another full day of unparalleled networking opportunities and thought-provoking discussions, this renowned conference will once again set the standard for market insight, exploring the latest trends and innovations shaping commodity trade and finance.

We look forward to welcoming you to GTR Commodities 2026 in Geneva on September 23.
Key event features

• Connect with 1,500+ trade finance representatives

• 50+ exhibitors

• 8+ hours of networking opportunities with key stakeholders in the industry

• Unparalleled expertise from 100+ speakers active in the market

• Exceptional content on topics and regions covered

• Opportunity to schedule meetings and swap business cards

• GTR Ventures Tradetech Showcase

• Evening drinks reception

For more information, go to https://www.gtreview.com/events/europe/gtr-commodities-2026-geneva/#overview.

 

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GTR North Africa 2026, Cairo. 13-14 October 2026
Global Trade Review (GTR) is delighted to announce that GTR North Africa 2026 will be taking place in Cairo on October 13-14, expanding on the success of GTR Egypt to cover the wider North African market.

Building on GTR’s commitment to providing insights, highlighting innovation and fostering collaboration within Egyptian trade and export finance, this newly extended event will extend this focus across the Maghreb region, highlighting the tremendous trade opportunities to be found across markets such as Morocco, Tunisia and Libya.

With expert-led discussions, thought-provoking panels and invaluable networking across the trade finance ecosystem, this is an unmissable gathering for industry professionals to explore the latest developments, challenges and opportunities shaping the North African market.

The GTR team look forward to welcoming you.
Event themes:

• Navigating fresh volatility in global commodity trade

• Tariffs and the outlook on prices and trade flow

• Long-term investment strategies and corporate diversification

• Short-term cash flow and SME working capital

• Geopolitical risk and managing supply chains

• Liquidity and capex for soft and hard commodities

​For more information, go to https://www.gtreview.com/events/mena/gtr-north-africa-2026-cairo/#overview.

 

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GTR Türkiye 2026, Istanbul. 20 October 2026
ollowing the record-breaking success of GTR Türkiye 2025, which welcomed over 550 attendees, the GTR team are already looking forward to hosting the hallmark event for the Turkish trade finance market.

Join us on October 20 for GTR Türkiye 2026, taking place in Istanbul for a full day of unrivalled networking and market insights. Connect with senior decision-makers, C-suite professionals and leading exhibitors, and gain first-hand perspectives on the latest trends and developments shaping Türkiye’s trade landscape.

Don’t miss this premier opportunity to engage with the industry’s top minds and strengthen your position in the market.
Event features:

• 10+ exhibitors

• 4+ hours of networking opportunities with key stakeholders in the industry

• Unparalleled expertise from 40+ speakers who are active in the market

• Exceptional content on topics and regions covered

• Opportunity to schedule meetings and swap business cards

• Evening drinks reception

We look forward to welcoming you on October 20!
For more information, go to https://www.gtreview.com/events/europe/gtr-turkey-2026-istanbul/#overview.

 

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GTR Trade Finance Investor Day , London.10 November 2026.
Global Trade Review (GTR) is delighted to announce that the GTR Trade Finance Investor Day will be held in London on November 10, 2026.

This event, taking place for the first time as part of the GTR calendar following its acquisition of the Trade Finance Distribution Initiative (TFDi), will continue the TFDi’s work in establishing trade finance as an investable asset class, bringing together stakeholders from across the trade finance and institutional investment sectors.

With a strong focus on networking and establishing key industry connections, a wide-ranging programme will focus on a broad suite of themes, including improving levels of transparency in trade risk and distribution, increasing levels of automation and enabling originators to attract institutional capital, unlocking the potential of private credit within global trade.

Key themes

• Trade finance as an asset class: How to take the conversation forward

• Navigating the liquidity premium: Meeting pricing and risk challenges

• How is trade finance different to the bond market or liquid funds?

• Market segmentation: What are investors targeting in trade finance?

• How are recurrent geopolitical shocks reshaping the climate for investing?

• Bridging banks and capital markets: New models for a new asset class
  Whether you’re an institutional investor or asset manager, fintech, non-bank originator, insurer or trade bank involved in distribution, this event is a must-attend, as GTR brings all corners of the ecosystem together to discuss this exciting industry trend and the huge opportunities provided.​

For more information, go to https://www.gtreview.com/events/europe/gtr-trade-finance-investor-day-2026/#overview.

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Trade Credit Insurance Industry Dinner 2026 – Hosted by SCHUMANN, London. 12 November 2026
An Evening of Inspiration, Networking & Meaningful Impact
On Thursday, 12th November 2026, SCHUMANN is delighted to host this year’s annual Trade Credit Insurance
Industry Dinner 2026 – an exclusive event to celebrate industry achievements, strengthen professional relationships, and support a charitable cause.
Venue: City Central at the HAC – a premier venue in the City of London, providing an elegant setting for an exceptional evening.
Time: 6:30 PM – 1:00 AM

Evening Highlights:

• Live music – An evening enriched by captivating performances

• Gourmet dining & drinks – A premium menu with soft and alcoholic beverages included

• Dress code: Black Tie – Formal attire recommended for an evening of sophistication

An Evening with Purpose:
The event will support Akwaaba Volunteers, a UK-registered charity dedicated to enhancing the lives of
disadvantaged children in Accra, Ghana, through education, care, and community support. Participation in the
dinner contributes to this meaningful initiative.

Tickets are now available. Further details can be found on the event page.
Secure your seat and join this special evening in the heart of London.

https://order.awesome-events.co.uk/events/trade-credit-insurance-industry-dinner-2026.

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GTR Africa 2026, London.12 November 2026.
Returning on November 12, 2026, GTR Africa London is thrilled to convene the UK’s premier gathering once again for Africa-focused trade, export and infrastructure financing.

Welcoming over 500 delegates from leading banks, corporates and financial institutions, and providing more than three hours of dedicated networking time, the event serves as a vital meeting point for forging new partnerships and strengthening existing relationships across the African trade landscape.

With insights from more than 50 expert speakers, attendees can expect high-level discussions on African trade shifts, corporate finance trends, and infrastructure investment priorities.

GTR looks forward to welcoming you for another insightful and engaging conference!

For more information, go to https://www.gtreview.com/events/europe/gtr-africa-2026-london/#overview.

 

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GTR Nordics 2026, Stockholm. 25 November 2026.
Firmly established as the region’s leading conference for trade, export and supply chain finance, we are pleased to announce that GTR Nordics will return to Stockholm on November 25, 2026!
Providing an exceptional platform for renewing and expanding business connections, this flagship gathering brings together 700 influential representatives from corporate, financial, fintech and ECA communities for unrivalled networking opportunities. Connect with more than 30 leading industry exhibitors to strengthen your market presence, and benefit from a carefully curated programme featuring insights from over 55 expert speakers. Gain essential knowledge and first-hand perspectives on the latest trends and developments shaping Nordic trade. The GTR team look forward to seeing you there!

For more information, go to https://www.gtreview.com/events/europe/gtr-nordics-2026-stockholm/#overview.

 

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GTR US 2026, New York. 1 December 2026.
GTR will return to Manhattan on December 1 for GTR US 2026!

The leading event for the US trade and working capital financing community will once again bring together over 500 industry leaders to explore business-critical market trends and opportunities, featuring a highly focused one-day agenda packed with thought-provoking conversations, debate-driven discussions and practical guidance on the issues shaping the industry.

Providing unmatched networking opportunities with leading industry representatives and exhibitors, the event offers the ideal platform to reconnect with peers, forge new business relationships and gain critical insights into the evolving US trade and working capital financing landscape. We look forward to seeing you there.
For more information, go to https://www.gtreview.com/events/americas/gtr-us-2026-new-york/#overview.

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​​​About this month's Sponsor: Tinubu.
Trade credit doesn't fit standard software. Every risk turns on counterparty financials, legal entity structures and buyer-level exposure, and two carriers writing the same product price it differently. Force it onto a generic core and the result is familiar: slow quotes, lost deals, bad risks slipping through. Tinubu does the opposite. It is configured to trade credit's own rules, data, authorities and workflows. The software fits the business, not the reverse. Today 18 carriers in 30+ countries run their trade credit operations on Tinubu, on 26 years in the line.

One platform covers the lifecycle: intake, triage, risk scoring, exposure management, quote to bind, policy administration and claims. AI does real work here, not demos. It ingests and validates submission documents, filters out-of-appetite risks, pulls enrichment from several sources, scores risk at portfolio level, and aggregates exposure by buyer, group and country in real time.

The results are concrete. One export credit agency binds small-ticket buyer limits in ten minutes, down from fifteen days. A global private insurer moved 500,000 buyers on day one, across 30 countries and eight languages. In another, a new product went live in a new region in a month.

Tinubu also runs its own risk team: 15 analysts in Paris, Singapore and Mumbai, 50,000+ buyer decisions a year across 160 countries, and a proprietary scoring model built from 26 years of data, enriched by 50+ external sources.

Trade credit is moving onto modern software. Tinubu is where it runs. Learn more at tinubu.com.