ON the day that government debt soared past the £1 trillion mark for the fi rst time, Bank of England Governor Sir Mervyn King struck a surprisingly upbeat note at the conclusion of a major speech outlining the country’s economic prospects for 2012 and beyond.
King’s speech proves a major attraction
Speaking at a dinner in Brighton organised and hosted jointly by EMC and Cobb PR, Sir Mervyn told the audience of 500 business leaders: “The position of the world economy, especially in the Euro area, is serious. But there is no reason to despair.
“All crises come to an end, and businesses will fi nd ways to trade with each other and meet the needs of consumers whatever the transitional problems posed by deleveraging. Helped by the right policy actions, the UK and world economies can and will recover. And when they do so, they will be on a more sustainable footing than at any point in the past 15 years.”
Sir Mervyn King, speaking at the Grand Hotel, Brighton
The Grand Hotel dinner came a little over a year after heavy snowfalls had forced the cancellation of a meeting of the Crawley & Gatwick
Business Lunch Club at which Sir Mervyn had been due to speak.
EMC chief executive Nik
Askaroff, who introduced the Governor, said: “We were delighted that Sir Mervyn honoured his long-standing
EMC is set to help fi nd the best young entrepreneur in Kent as part of our ongoing support for the Kent Excellence in Business Awards. This will be the second year that we have acted as sponsors of the county’s premier business awards scheme, organised jointly by Kent County Council and the KM Group. Last year we were joint sponsors of the category for Best Business in the Creative Industries. This year we will be sponsoring and helping to choose the winner of the award for the Young Entrepreneur of the Year. Our Maidstone-based director Desmond High said: “We are delighted to support the excellent KEiBA event again and particularly pleased to be involved in such an important category.
“Our economic future is completely dependent on the entrepreneurial
business people to hear at fi rst hand from one of the key formers of fi scal policy. All 500 tickets for the event were snapped up in just a couple of days, and we had a lengthy waiting list that, in the end, we had to disappoint. “It shows that there is a
No reason to despair
commitment to come to Sussex and privileged that he chose the occasion to make a keynote statement about the country’s economic prospects.
“It was a marvellous opportunity for Sussex
real interest within the Sussex business community to come to hear speakers of the right calibre and international standing. Tim Cobb and I will be getting our heads together in the near future to see if we can plan another similar event for later in the year.” The full text of Sir Mervyn King’s speech can be seen on the EMC website at: www.emcltd.co.uk
. More pictures from the dinner are on the centre pages.
Searching for Kent’s best young entrepreneur
Borough postcodes such as Bromley, Bexley and Orpington. The Young Entrepreneur category is open to any individual under the age of 30 who has been instrumental in the success of one or more businesses that has been trading for more than one year.
skills and vision of the next generation. At the same time we risk losing that entrepreneurial spark by sending too many people to University. So it is essential that we recognise and encourage budding talent and are delighted to help champion young entrepreneurs through this award.” The KEiBAs are free to enter and open to any business or organisation based and operating in the Kent and Medway area, excluding London
He or she has to demonstrate that they have achieved commercial success, have clear plans and strategies for the growth of their business and a strong track record of innovation. Last year’s winner was Luke Quilter, MD of Folkestone-based specialist search engine marketing company Sleeping Giant Media. Desmond High will help to choose this year’s winner alongside Paul Barron, Director of The Kent Foundation. The awards will be presented at a gala dinner in June.
INSIDE: P3 Entrepreneurs’ Week P6 Cash Flow Management P7 Outwitting the Pirates
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