CHAMBER NEWS
Chamber’s Brexit checklist is launched
The Chamber has launched a Brexit checklist setting out the main issues firms need to be considering now to best position themselves to succeed in a post- Brexit environment. The document has been
produced by the Chamber’s newly- established Brexit Advisory Group, which aims to help East Midlands businesses navigate their way through the many questions and changes that Brexit will create. “Despite there being less than a
year to go, considerable doubt remains over what the future holds for business, with things to consider ranging from customs arrangements through employing EU nationals to contracts and Intellectual Property rights,” said Scott Knowles, Chief Executive at the Chamber. He added: “The uncertainty is
the hardest thing to deal with because you don’t know what outcome you’re aiming for, so you have to plan for the worst case scenario while hoping for the best. “What we have done with our
briefing paper is set out what we see, and what our members tell us, are some of the more critical elements of the Brexit process that companies need to be looking at today to ensure they can continue to trade globally tomorrow.” The Brexit Advisory Group has
been set up in collaboration with Chamber Strategic Partner RSM, one of the UK’s leading providers of audit, tax and consulting services. It is chaired by Dr Nik Kotecha
Nik Kotecha
OBE, Chief Executive at Loughborough-based Morningside Pharmaceuticals, which has supplied quality pharmaceuticals and medical device products to global markets for over 25 years. The group will shape and help
deliver the Chamber’s wider Brexit influence and support programme, including its ongoing lobbying activities based on business intelligence and needs. It will lead MPs briefings
regionally and at Westminster, help to shape the Chamber’s 2018 Manifesto on Brexit and provide up- to-date information to businesses through seminars, workshops and the media about potential outcomes of the UK leaving the EU. Kevin Harris, Office Managing
Partner at RSM, a global company with local offices at Leicester and Nottingham, said: “We are pleased to be working with the Chamber to
Congestion takes its toll on business
Travel delays and congestion are having a negative impact on business, according to new research. More than one-in-ten firms have considered moving
to beat congestion and over half said they’ve lost money because of delays. The Chamber asked firms across the region how
much they were being held back by poor infrastructure investment. According to Government figures, infrastructure investment in the East Midlands is only 60% of the average per capita of the rest of the UK. The Chamber is lobbying for national parity by 2020. The shock results of the survey were that 68% of
respondents said they’d suffered delays due to roads congestion. The problems extend beyond road and rail, however, to include the region’s digital infrastructure. Mobile and online technologies are considered crucial to conducting business but one-in-
28 business network May 2018
ten said they’d suffered mobile phone outages and 36% said they’d suffered broadband issues. Chamber Chief Executive Scott Knowles said: “This
original research confirms what we’ve said all along; that our businesses are very good at making things and selling what they make around the world, but they do it despite Government investment in this region, not because of it. Companies in the East Midlands are being held back by lack of investment, which is something Government needs to address today if we are to continue to be successful in tomorrow’s post-Brexit world. The risk of getting this wrong is stark and, in a worst case scenario, businesses may feel forced to vote with their feet.”
More in-depth Chamber reaction can be found in this month's Politics section.
Scott Knowles Kevin Harris
provide businesses with a voice in Westminster and the facts they need to make informed choices for a successful withdrawal from the EU and post-Brexit success. “We’ll get only one shot at a
successful Brexit so it’s important that we get it right first time.” The Brexit briefing paper
published by the Chamber and available for free electronic download from its website is a checklist of things businesses should be focusing on now to minimise future risks resulting from Brexit.
Scott added: “The briefing paper
is not a definitive list but it is a guide to what businesses need to be considering today. There will be updates as we get closer and closer to Brexit day, but the message we need to get out there is that businesses can’t sit back and wait to see what happens, they have to seize the initiative and plan for all eventualities if they are to succeed post-Brexit.”
To view the checklist, visit
bit.ly/ChamberBrexitChecklist
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