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Business News How we remained on course to


Paul Kehoe completes two years as Chamber president at the annual meeting on 28 September. Here he reflects on the political and economic changes in the UK during his time in office, not least the ramifications of


simply from the potential economic fallout that may transpire by a failure of political leadership to deliver a satisfactory outcome for the strategic direction of the nation with regard to its trading with the EU and the rest of the world. You might recall that the theme


T


of my presidency has been “Geography and Scale – our place in the world.” The geography is important in that we have always been a maritime nation with significant trading links across the world. True today as it was in the 16th to 20th Centuries. Our scale and pre-eminence has shifted with wars, trading recessions and changing trading partners. In the post WW2 years a move


away from our colonial past shifted us towards a rejuvenating Europe and the rise of the Common Market. That desire to be part of Europe led us into an ever- increasingly closer union with our European trading partners and we turned our backs to some extent on the very Commonwealth we helped create. Nevertheless, our place on the world stage was diminishing through the real economic fallout from fighting two world wars within the space of 25 years. Notwithstanding that decline, we


have in the last 20 years seen a resurgence in our overall business performance, albeit the mix of our product base has changed massively and we have become a service-based economy. What has remained and still


shines though is our resilience and our ability to invent new things even though the exploitation may be somewhat more difficult to deliver upon. We are a nation of ideas and continue to be one of the most creative nations. Being creative, looking for new


ways of doing things, will stand us in good stead but we must recognise that we need to train our people to work in and live in a society where skills are valued and you learn from your mistakes and excel at what you do. We need to ensure that we equip


our children with the skills to work in a world where change is


8 CHAMBERLINK September 2018


Paul Kehoe, president of the Greater Birmingham Chambers of Commerce


constant and asymmetry is the norm. The rate of change seems even


faster than it was six years ago when I came up with my theme for


the presidency. We need to maintain a global presence and be outward- looking, diversifying our portfolios, creating organisations that can deal with risk and are not risk averse.


I hope that members of the


Chamber will have seen that my mission was to inform internally and externally, that our region is a creative and industrious one, which


he past two years have experienced some of the biggest challenges to the UK


Brexit on the UK’s trading relationship with not just Europe, but the rest of the world. All of this ties in with the theme that Mr Kehoe adopted at the start of his presidency, which was about the UK’s place in a changing world.


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