Halfords the latest victim of sterling weakness

British car parts and bicycle company Halfords is the latest retailer to report profit losses resulting from a weak pound, and the trend of losses will likely continue for companies that do not implement an appropriate foreign exchange (FX) strategy during such uncertain times.

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Seven Steps To Successful Business Transition

Harri Lloyd Davies, partner at Bevan & Buckland, explains the importance of succession planning and when business owners should start planning for transition.

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How would a Brexit ‘no deal’ affect your business?

There's a lot of discussion at the moment about a 'no deal' Brexit. But what does that actually mean and what would the impact be to UK businesses who are importing or exporting?

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Pound plunges despite Bank of England raising interest rates for first time in over a decade

Find out how the currency markets have reacted to the Bank of England's interest rate hike from Brett Thomas, Head of Dealing at Godi Financial.

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Why currency exchange rates matter when planning to buy or sell property abroad

Buying or selling a property abroad will almost always involve a transfer of money between currencies. Find out why planning ahead, using the right FX specialist and protecting yourself against currency volatility is crucial to maximising the value of your currency transactions.

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Unlocking the value of your unpaid invoices

In this guest blog, Alternative Business Funding explains how Invoice Finance could help improve your cash flow by unlocking up to 85% of the value of unpaid invoices the moment they are raised.

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International trade event provides businesses with optimism for expansion overseas

Brexit may have caused concern for many businesses with plans to expand into international markets, but much optimism was provided to those with such prospects at a recent event which saw experts from the international trade sector share their knowledge and experiences of successfully entering overseas markets.

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Euro strengthens ahead of German Elections

Luke Walden FX Specialist at Godi Financial, discusses the German elections and considers if UK & US businesses that are exposed to the Euro should secure rates against their home currency to negate any risk of the Euro moving against them

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How trade finance can help create stability for SMEs

In this Q&A, Alternative Business Funding explains how trade finance can help to create stability for businesses trading internationally during these uncertain times.

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Businesses should prepare for currency swings ahead of Germany’s election

Germany’s Federal Elections will take place on Sunday 24 September 2017. Despite polls suggesting the current Chancellor of Germany, Angela Merkel, will yet again be victorious and continue to lead the country, markets are nonetheless likely to react to the event, which could catch many businesses off guard, due to potentially significant currency swings.

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Rugby stars celebrate Alun Wyn Jones’ testimonial year with London event

Stars from the sporting world gathered at The Brewery in Chiswell Street, London last night, as the first major event of Welsh rugby legend Alun Wyn Jones’ testimonial year took place.

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Sterling’s recent weakness points to opportunity

Luke Walden FX Specialist takes stock of the recent volatility in the currency markets and considers whether now is a good time to invest in Sterling.

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Godi partners with leading SME business finance platform

Godi is conintuing to help small and medium sized enterprises (SMEs) thrive through forming a partnership with Alternative Business Funding (ABF) - an organisation that provides commercial lending solutions for SMEs.

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SMEs could cut their research costs by thousands. Here’s how….

Many SMEs carrying out research & development are unaware that there is a special tax relief available to them – one of the most generous of its kind in the UK. In this guest blog, Gerald Thomas Chartered Accountants gives a snap shot of the tax relief, the types of projects that qualify and how to make a claim.

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White Stuff’s profit losses should serve as a warning to SMEs with FX exposure

British fashion and lifestyle brand White Stuff is the latest company to report significant profit losses due in part to increasing currency costs.

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Should my contracts have “Brexit clauses”?

In this guest blog, George Fahey from Cripps LLP, discusses the impact of Brexit on contracts and what businesses should be considering now to safeguard themselves against the potential consequences of the UK's departure from the EU.

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Customers being left out of pocket as currency accounts soar

Concerns are being raised about customers receiving unfair foreign exchange deals from their bank when moving funds between currency accounts.

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Export finance for SMEs explained

In this guest blog, Alternative Business Funding provide insight into export finance and the support available to UK SMEs who are expanding internationally.

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Businesses continue to be stung by misleading FX practices

Businesses and consumers are once again bearing the brunt of poor foreign exchange (FX) practices, as banks and major FX brokers are cautioned against misleading customers into thinking they can achieve a more favourable rate through the use of inadequate currency converter tools.

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More businesses will face consequences of delayed hedging

With recent news reports claiming retailer Sports Direct has suffered a 60% drop in profits as a result of a weaker pound, businesses are urged to act now or face being the next victim of a volatile currency market.

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CommonwealthFirst Export Day: SMEs warned to take action against FX risks

With uncertainty likely to prevail in coming months and even years, protecting a business’ position by way of a robust FX strategy now needs to be a priority, Luke Walden FX specialist at Godi, told SMEs at an export event in Westminster, London.

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Driving business growth by moving into new export markets

Guest blog: Mathew Hughes from UK Export Finance discusses how a government-backed finance & insurance service is helping UK exporters to successfully expand into new and emerging markets.

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Sterling weakens in aftermath of UK election

As we take stock of what has happened after the UK general election and the start of Brexit negotiations, Luke Walden, FX Specialist at Godi Financial, considers what this means for the FX markets.

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The personal touch makes a massive difference

Godi’s dedicated account manager helps Something Different Wholesale benefit from greater stability, predictability and expert support in its foreign exchange dealings

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An inherent lack of transparency is fundamentally unhelpful for SMEs

We’re pleased to report that more and more companies seem to be moving away from trusting their foreign exchange (FX) strategy and international payments to their bank or traditional FX broker.

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Godi welcomes industry clean up with new code of conduct

The long-awaited FX code of conduct is released - helping lead the way in promoting integrity, effective trading and good practice in the foreign exchange market.

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Sterling weakens further on ‘surprise’ UK election results

As reports of Theresa May reaching a deal with the DUP to form a government emerge, Luke Walden, FX Specialist at Godi Financial, considers what this means for the FX markets.

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FX swings expected as the UK heads to the polls

Whilst the election is riddled with uncertainties, one thing we can predict with certainty is that there will be volatility in currency markets today as the UK goes to the polls.

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Is the election likely to cause further currency volatility?

Since last summer’s Brexit referendum – when Sterling witnessed its largest single intraday drop against the dollar – the pound has experienced wild swings in value, both to the upside and downside. Has your business been affected by this? Plenty of SMEs across the UK have experienced the resulting impact on the value of the international payments they are making or receiving – many with an adverse affect on their bottom line.

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Businesses need to act now on struggling Sterling as election polls narrow

With political and economic uncertainty continuing in light of the imminent UK general election, establishing a robust FX strategy is of utmost importance now more than ever. Ignoring the impact of the election result on currency fluctuations could spell disaster for businesses with FX risk exposure.
 

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Discover how hedging could help your business

Did you know that a staggering 80% of SMEs haven’t hedged their currency risk since the Brexit referendum? If you’re one of them, you definitely need to read this…

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Gaining greater certainty over foreign exchange risks when exporting

Godi helps GlassTech to make better business decisions – through clearer understanding of how to minimise foreign exchange risk when exporting

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Now’s the time to review and take control of your costs…

Does currency volatility affect your business? If you trade in global markets and regularly make or receive international payments, your answer is highly likely to be a resounding “yes”.

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FX experts address business community on Brexit outlook

Implementing a robust strategy to manage currency fluctuations, especially in light of current political and economic uncertainty, is of utmost importance to organisations now more than ever, Paul Langley told the business community at an event at Cardiff University yesterday.

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How to make sure you partner with the right FX provider

In today’s global market place, many British companies – both big and small – are finding themselves overly exposed to currency volatility. Are you one of them?

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Robust FX policy helps glass business expand globally

A Welsh glass recycler, is confident that its business objectives will not be put on hold in light of political and economic uncertainty, as a result of establishing a robust FX strategy.

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Five factors influencing further FX volatility

Key factors likely to trigger further turbulence in the currency markets.

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OSTC Foreign Exchange becomes Godi

OSTC Foreign Exchange has relaunched as Godi Financial establishing a new brand identity that more strongly reflects its end-to-end international trade offering.

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Sterling recent volatility – but where next?

Luke Walden, Business Development Manager at OSTCFX, provides his views on the currency market.

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Experts address issues surrounding international trade ahead of Brexit

Implementing a robust strategy to manage currency fluctuations, especially with the triggering of Article 50 imminent...

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Fall in sterling continues to impact big businesses – and their customers

Consumers will likely have to continue to bear the brunt of price increases on a range of products and services due to the depreciation...

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FX currency misconduct shows need for transparency

A number of legal cases have recently emerged by companies alleging they have been mis-sold complex currency...

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FX management is now critical

Implementing a robust strategy to manage currency market fluctuations is now more critical than ever as the UK’s departure...

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Theresa May’s 12 point Brexit Plan

Luke Walden, Business Development Manager at Godi provides a round-up of Theresa May’s Brexit Plan.

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Trump’s inauguration to trigger further FX volatility

The inauguration of president-elect Donald Trump is fast approaching. Ten weeks after he took the world by surprise by...

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Four drivers of currency volatility in 2017

While 2016 was defined by unpredictability and the resulting volatility in the FX markets, there is much more to come in 2017...

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