Economic Update event celebrates economy

Written by Faith PR


Business owners from across Calderdale came together last week for a special networking breakfast hosted by the Mid Yorkshire Chamber of Commerce to highlight the latest economic updates from the UK and across the Mid Yorkshire region.

The event on 9 August was headlined by director of commercial banking (SMEs) for Lloyds Bank, David Allwright, who explored current Foreign Exchange risks. Stephen Leigh, head of Policy at the Mid Yorkshire Chamber of Commerce, also shared the results of the Chamber’s latest Quarterly Economic survey published on 2 July exploring what they mean for the region.

Despite Brexit uncertainty and economic turbulence across the UK, businesses across the Mid Yorkshire region are showing incredible resilience with record employment figures, along with a significant increase in turnover and profit expectations. Results this high have not been seen since 2014. Full results of the latest QES survey can be found here: https://www.mycci.co.uk/uploads/mid_yorkshire_chamber_of_commerce/files/Q2_2019_QES_report.pdf

There was also an introduction to the ‘Inclusive Economic Strategy’ for Calderdale, by Karen Lythe of Calderdale Council. Designed to provide support and infrastructure to local businesses, the strategy will help businesses across the district grow and prosper.

Speaking on the event, David Allwright, commented: “The QES update brought businesses together from across West Yorkshire to celebrate a promising quarter. With Brexit negotiations on-going, businesses are naturally feeling apprehensive about the future, particularly when exporting overseas.

The event allowed us to provide advise and share the optimism reported in the latest Quarterly Economic Survey.”

The event took place Friday 9 August at the Leeds Beckett University Business Centre in Halifax and formed part of the Quarterly Economic series organised by the Mid Yorkshire Chamber of Commerce in Halifax, Huddersfield and Wakefield districts.

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