|East Midlands continues to be key driver of the UK economy
This month's key note speaker was Chris Hobson, Director of Policy & External Affairs, East Midlands Chamber.
Chris highlighted the underlying mood from respondents of the lastest Chamber Quarterly Economic Survey:
- Strong growth in domestic and (in particular) overseas sales
- Growing concern about the impact of inflation on planning and investment intentions
- Prevailing uncertainty around EU regulation, trade deals, and the future of staff
In terms of key metrics, 27% of firms reported improved domestic performance in Q4 2016, up from 12% in Q3 2016. 23% of firms expected improved domestic performance in Q1 2017, up from 13% in Q3 2016.
1.4% of firms reported improved overseas performance in Q4 2016, up from 6% in Q3 2016.1.8% of firms reported improved overseas performance in Q1 2017, up from 10% in Q3 2016.
Chris put this down to “The lower value of the pound against the euro and the US dollar, in particular, it has made UK-manufactured goods and services cheaper overseas. Combined with a strong reputation for quality, this has led to increased international demand for the ‘Made in Britain’ brand.
Price-rises over the next 3 Months
4.7% of firms in Q4 2016 said they expected prices to change in Q1 2017, up from 38% in Q3 2016.
Chris has agreed to attend our monthly meeting every few months and provide a snap shot on the economy and any developing trends post Brexit. More information on East Midlands Chamber can be viewed here
Invest Newark & Sherwood promoting
First Expo-Careers, Training & Education
The February meeting was sponsored by Future First Expo – a brand new event coming to Newark and Sherwood in May. The first of its kind for the area, Future First is an expo that showcases everything the area has to offer in terms of careers, training and education. The event is being held from 9.30am to 4.30pm on Thursday, May 4, in the newly-built Lady Eastwood Pavilion at Newark Showground, and is sponsored by British Sugar.
Newark Dubbed Happy Town by Office For National Statistics
Organised by Newark & Sherwood District Council, the Lincoln College Group and the Advertiser Media Group, the event will enable local businesses to meet and engage with their future workforce or students.
Future First is an opportunity for businesses and education providers to promote the many career, training and education opportunities that exist locally.
It is also about raising the aspirations of people about to embark on the first rung of their career ladder, and of those looking for a career change, by showcasing the range of opportunities available.
It’s about harnessing local talent and showing people they don’t have to travel to the big cities to secure their dream career.
There is a range of exhibitor options available, giving businesses the perfect opportunity to promote the type of careers that are available in their company or industry.
The expo will be attended by more than 1,000 students from local secondary schools, all of whom are about to make that crucial decision about their next step on the career ladder, whether that’s into the world of work or to continue their education. The event will also be open to the public, as interest in the types of careers available, apprenticeships, and further education is not restricted to students.
The format of the event will be innovative and exciting, featuring different zones and fully-interactive exhibits and sessions. There will also be break-out rooms and seminars covering a wide range of topical and relevant subjects.
So, if you want to attract students to your campus, or promote yourself to people looking to chose or change their career, then this is the event for you.
The event will be marketed extensively across the East Midlands through print, digital, outdoor and social media channels.
For more information please contact Veronica at N&SDC on 01636 655260
Newark wasn't always so jolly. King John died of dysentery in the castle in 1216, and during the English Civil war the besieged royalist town was bombarded and the people starved.
Today business club members can smile, the district of Newark and Sherwood has just been named the happiest place in England by the Office for National Statistics.
In a recently published survey interviewees were asked " How happy did you feel yesterday" and "How satisfied are you with your life nowadays?"
The good news supports Cllr David Lloyds January presentation "Newark Building on Success"
Congratulations to NBC Stalwart Steve Beeching
In a recent Facebook Post, local businessman Steve Beeching, a founder member of Newark Business Club was delighted to announce that his revolutionary hydrogen technology has resulted in in agreement between De Verde and Sykes Picavant to supply engine cleaning units worth over £250,000.
Steve along with his business partner manufacture hydrogen based engine/exhaust cleaning units which eliminates emissions and improves MPG efficiency.
Well done Steve.
Friday 3rd March 7am
Everyday Champions Centre
Newark Business Club meets at the Everyday Champions Conference Centre at 7am. Entry fee £7.00 including coffee. Come early to secure a good seat.