Business News

Now that the EU Referendum is over and the UK has voted to end it’s position as a Member State of the European Union, The Business Growth Foundation is calling for a SME Task Force to be quickly established. Ninder Johal Chair of The Business Growth Foundation says: “SMEs have recently been the forgotten voice of our economy. UK SMEs are 99% of all our businesses. They employ 15.6 million people. They are exceptionally important to the UK economy. But during the Referendum campaign the views of SMEs have rarely been covered in the media or discussed by politicians.

JC Payne (UK) Ltd based in Aldridge in Walsall is the latest company to join The Platinum Group, part of the Black Country Chamber of Commerce. JC Payne (UK) Ltd is a privately owned family run commercial vehicle bodybuilder and the company operates from a 90,000 sq. ft. factory using a semi-flow line production method, designed and constantly updated to achieve the most efficient building process for its customers.

A community money advice service, designed to help those who struggle to get credit – and are therefore more likely to go to loan sharks – was launched by members of Birmingham City Council’s Financial Inclusion Partnership yesterday. Birmingham Money is a joint venture between Advance Credit Union, City Save Credit Union and Money Line, based in the Community Hub, at Bull Ring Indoor Market, Edgbaston Street. Once launched, the savings and borrowing advisory service will be open Monday to Thursday between 1pm and 4pm, and initially operate for six months.

Greater Birmingham Chambers Chief Executive Paul Faulkner made an urgent plea for ‘clarity and leadership’ as the UK prepared to leave the EU following the historic vote for Brexit. The vote saw a turn-out at 72 per cent, the highest since the 1992 election. As the nation begins to reflect on an uncertain new future outside the EU, Mr Faulkner said negotiations to guide Britain through Brexit would take ‘a substantial amount of time, finesse and expertise.’

Three quarters of male electricians recently surveyed, would be happy for their daughters to take up a career in the trade. However, a similar percentage feel old school attitudes towards women would actively discourage females from taking up a trade.The survey of electrical contractors was carried out by leading electrical industry body NICEIC who’s Jobs for the Girls campaign was set up to encourage more women into the trade and to plug the evident skills and gender gaps.

The first Walsall Business Week culminated in a very successful Expo event staged in the sports hall at the University of Wolverhampton’s Walsall Campus. The University of Wolverhampton students provided vital support on the day helping the businesses make the most of their morning.  The whole programme for the week was planned by the Walsall Economic Board and was designed to help strengthen Walsall’s business community by providing advice, information, financial support and business opportunities to firms across the borough.

The Black Country Chamber of Commerce Awards 2016 deadline is fast approaching, celebrating the best in business from across the region. The Black Country Chamber is striving to double the size of the Black Country economy by 2023, with the success and continued growth of the local business community being an integral facet in helping us to achieve this aim. Furthermore, our Awards are an ideal platform upon which to showcase your company and celebrate your success, as we recognise those who truly contribute towards the local economy.

First time buyers are finding themselves increasingly reliant on the Bank of Mum and Dad as they struggle to find deposits or negotiate bridging loans to secure their dream home. But family law specialists at Clarke Willmott LLP have warned that reliance on parents could backfire badly in the event of a relationship breakdown – whether yours or theirs! Rayner Grice, family law specialist and partner at Clarke Willmott, says doing business with the bank of Mum and Dad requires the same degree of attention to the small print as any professional financial transaction.

The Commonwealth has announced that Dr Willy Mutunga, Chief Justice of Kenya, will take up the role of the Secretary-General’s Special Envoy to Maldives. The appointment was made at the request of the Government of Maldives. Over the last few years, the Commonwealth has become increasingly concerned about the political situation in the country. This has included the arrest and detention of senior political figures, constriction of space for civil society and the media, and weakening of the separation of powers.

The British Safety Council is holding its Annual Conference ‘Health and work in a changing world’ on Wednesday 5 October 2016 at The Kings Fund, London. The conference will attempt to de-mystify the meaning and place of health in the workplace. The speakers will address the pertinent and still controversial issue of responsibility for health in the workplace: what should employers be doing and how can they encourage staff to manage and improve their health? How can this responsibility be best shared?

More landlords in London intend to vote to remain in the upcoming referendum on the European Union (EU) than anywhere else in the UK (45 per cent), according to a recent poll. By contrast, more landlords in the North East intend to vote to leave than anywhere else in the UK. The news comes before the referendum, taking place on June 23, which will decide whether or not the United Kingdom will remain a member state of the EU.

The City of Wolverhampton Council has demonstrated its commitment to the health of its workforce by receiving the prestigious Workplace Wellbeing Charter – and it is now encouraging other local employers to follow suit. Organisations which achieve the Workplace Wellbeing Charter, endorsed by Public Health England, have shown that they provide a workplace which offers good health and wellbeing to their employees – which in turn brings considerable benefits to their business.

Business leaders welcomed the £47 million award of Local Growth Fund money to projects across the West Midlands – creating 32,000 jobs and paving the way for 10,000 new homes. Greater Birmingham Chambers of Commerce Chief Executive Paul Faulkner (pictured) hailed the announcement by the Greater Birmingham and Solihull Local Enterprise Partnership as a ‘tremendous vote of confidence in the regional economy.’

POP, the new low-cost, long-haul airline set to fly the only current non-stop flights between the UK and two of India’s key secondary cities, is also breaking new ground in terms of corporate social responsibility. Established on a ‘caring capitalism’ business model, POP (an acronym for People Over Profit) will donate a minimum of 51% of its profits to fund social projects in both the UK and India.

A host of residential developers are queuing up to build homes on the Bilston Urban Village site. City of Wolverhampton Council has now completed its extensive advanced works programme – and has received more than ten expressions of interest. It hopes to make a final decision in the autumn on who will develop the 27 acres of land available.