Suffolk Director Magazine
helping you to run your business better

news

What's happening in the Suffolk business community

IoD Brexit Expert Offers Advice to Suffolk Business Leaders

Taking place at the new Birketts offices at Prince's Street in Ipswich on Wednesday 19 September, Allie Renison, Head of Europe and Trade Policy at IoD will be discussing how companies can tackle potential international trade risks following Brexit.

There is still a lot of uncertainty surrounding Brexit, not least the future for international trading. Earlier this year MPs on the Commons International Trade Committee stated there is a "disturbing lack of precision and clarity about the legal mechanism whereby the Government envisages EU trade agreements with some 70 countries being rolled over", furthermore statement made by G20 group of finance ministers last month highlights trade tensions could undermine the global economy.

The Institute of Directors (IoD) in Suffolk will be hosting an event which aims to mitigate business’s concerns by discussing how businesses can tackle the risks that Brexit may pose in terms of international trade. This will be chaired by Allie Renison, the IoD Head of Europe and Trade Policy, sharing her personal views on all things Brexit with the opportunity for questions during her presentation.

A recent IoD survey has brought this topic to the forefront, revealing that less than a third of business leaders have conducted any contingency planning. Half of company directors do not intend to draw up Brexit contingency plans with around half of these saying they will only adjust once the future relationship becomes clearer. However, IoD members when asked which government actions would be most useful in facilitating more exports, ranked trade deals and active help from local embassies as one and two.

Renison represents the voice of IoD members on EU policy matters to Westminster, Whitehall, and European institutions, highlighting that “the UK does not have to choose between Europe and the Commonwealth. The two blocs offer Brexit Britain different benefits, all of which could help our economy”. Renison also acts as a link between business and Government on increasing international trade and provides advocacy for the IoD on a range of regulatory issues in Brussels.

The breakfast event will be held on 19th September at Birketts LLP, Ipswich between 8am and 10am. For more information go to : https://www.iod.com/eastevents

  • The Institute of Directors is a non-party political organisation, founded in 1903, with approximately 30,000 members. Membership includes directors from right across the business spectrum – from media to manufacturing, professional services to the public and voluntary sectors. Members include CEOs of large corporations as well as entrepreneurial directors of start-up companies.
  • • The IoD was granted a Royal Charter in 1906, instructing it to "represent the interests of members and of the business community to government and in the public arena, and to encourage and foster a climate favourable to entrepreneurial activity and wealth creation."
  • The Charter also tasks the Institute with promoting "for the public benefit high levels of skill, knowledge, professional competence and integrity on the part of directors", which the IoD seeks to achieve through its training courses and publications on corporate governance.
  • For further information, visit our website: www.iod.com.

 

Sue Wilcock