Commenting on the ONS labour market statistics for February 2021, published today, BCC Head of Economics Suren Thiru said:
“While the furlough scheme is limiting job losses, the rise in unemployment and decline in employment levels are further evidence that coronavirus continues to weaken the UK labour market.
“With firms facing a renewed cash crisis amid the current lockdown and the prospect of several more months of diminished demand and revenue before many can fully reopen, substantial job losses maybe inevitable if the support schemes wind down as planned.
“Although the government’s roadmap provides a way forward, the lack of clarity over the future path of fiscal support has left a damaging cliff edge for jobs and livelihoods.
“It is vital that the government support schemes, including furlough and business rates relief, are extended through the summer and wherever possible throughout 2021 to help protect jobs and power the recovery.”
My name is Vicky and I am involved in a wellbeing project at the Chambers of Commerce. It has been two weeks into the project and already I can feel my confidence grow, I am aware I am developing new skills and strengthening abilities I already had. I wanted to write about my experience, partly to share it and partly because in the writing of it I can reflect and more fully realise the process of growth. Briefly, the project is around the Chambers’ investment in staff wellbeing. There is a scheme in which the staff each have ten pounds a month to spend on wellbeing activities. My job is to promote the idea of wellbeing within the organisation and inspire the take-up of activities that support this aim that is either free or makes use of the budget. I am doing this by giving short presentations on a range of topics, that include “growth mindset”, and the neurochemical reward of moving or doing things together in order to show the science of why it is worth investing time into wellbeing. At this point I feel I ought to introduce myself, to say how I got this wonderful opportunity and what lead me to my passion for wellbeing. I am a student of psychology, currently studying for my Master’s in Cognitive Neuroscience, and as part of that, I was asked to find an unpaid work placement, something that would challenge and stretch me. I sent out emails, and Philippa invited me in for a chat, to see what I could offer. When Philippa started talking about the wellbeing project, I felt myself light up! I have a passion for the idea of human potential, I have studied the behavioural and biological evidence as to why simply looking after yourself is a good long-term investment (this will be part of my wellbeing presentations and can be an entire entry in itself!). I found myself enthusiastically setting out how I could support the aims of the Chamber and went away to start preparing! I can remember when it suddenly dawned on me that this was rather a new challenge, it did rather fit the criteria of stretching me and putting me somewhat out of my comfort zone! I sat down and wrote, I’m lucky enough to have some amazing friends who are experienced in the field of wellbeing, including a psychotherapist and a psychiatrist. I read, I wrote and my kind friends checked through my ideas, so I knew I was going in the right direction. Then came the day of presenting my first set of slides! Recently someone explained to me the theory behind walking (I have nine-year-old disabled twins who are currently going through this process). They said that each time you move your leg forward you are unbalancing yourself, putting yourself in the precarious position of nearly falling over. However, generally the other leg moves forward quickly and brings back balance, but to move forward takes the risk, you have to unbalance yourself. That is how starting this project felt, but I didn’t fall over, and I have been met with such kindness and support that taking each subsequent step has become more and more natural until actually, I feel safe. What is it like to work with the team at the Chambers? It is apparent that they are a close-knit team, who enjoy each other’s company and support each other in times of stress. However, even though I am only in on a Monday morning, to give my presentation during the team meeting, I do not feel like an outsider, I feel welcome and I feel included. I have been able to observe the investment they have already made to wellbeing, and been able to highlight their strengths and provide some evidence as to why they are doing well already, for example, the research behind why having dogs in the office (as they do on a Friday) can be such a positive. In group discussions, they have spoken about their passion and skills in wellbeing, so I am really happy that a crafting group has emerged as a wellbeing plan! I think I want to end this by talking about the step they took in giving a mature student, who had never taken on a challenge like this before time and opportunity. I want to reflect on how for both sides this maybe was a risk, in the same way, that as that first leg moves the body risks being vulnerable to gravity! However, in their kindness and inclusivity, they have embraced new ideas, they have given a rather nervous student a real chance and fed me too (I rather love the wellbeing fruit bowl!). I know for me, this has been a journey of moving forward with skills, knowledge and confidence, one that will set me in a good direction for after graduation!
Norfolk’s leading business to business showcase returns on Thursday 14th October 2021 at Norfolk Showground*
The B2B Exhibition is Norfolk’s largest business-to-business exhibition. Free to attend and attracting hundreds of businesses on the day, B2B is a highlight on the Norfolk events calendar.
For sponsors, the event gives the opportunity to get your brand in front of new potential clients, existing contacts and the Norfolk business community leading up to and including te event. You will also have a presence at this prestigious event.
This year we have developed some special sponsorship opportunities for business like yours – and we can also work with you to create a bespoke sponsorship package that really works for you.
Discover more about our sponsorship opportunities here
Here’s what some businesses have said about the B2B Exhibition:
“Every year the B2B just gets better and better. It’s the place to truly engage with people. The go to business event of the year.” – Business Growth Club
“We have exhibited at the Norfolk B2B every year for as long as I can remember. It is always a good event and provides an excellent opportunity to catch up with local customers and contacts.” – 101 Smart Ltd “(B2B) is a fantastic event and a greatplatform to meet new people and businesses. The shell schemes were great and weloved the venue. We look forward to exhibiting again!” – Archive-Vault Ltd “The event was superbly organised and promoted – we loved the venue and will definitely be back next year!” – University of East Anglia
*We are doing everything we can to bring you this event in October by following government COVID guidelines. However, due to the unpredictable nature of the pandemic we may have to postpone this event at short notice if circumstances arise that are out of our control.
By Chris Sargisson, Chief Executive, Norfolk Chambers of Commerce
Soon now Norfolk Chamber will start a comprehensive program of transition and evolution, significantly changing to build on our firm foundations to become a stronger, louder, more helpful, more diverse more connected and modern business support group. Phew! We are on a mission to ‘Connecting, supporting and giving voice to every business in Norfolk’- we are reaching beyond our previous boundaries, striving forward, to ensure that we connect and give voice to all businesses, in Norfolk and beyond.
The change of name is important. We are a Chambers that engage the whole of Norfolk: from West Norfolk to North Norfolk; from Breckland to Broadland; from Great Yarmouth to South Norfolk; and the whole of Greater Norwich. We want to include everyone.
We’ll be introducing new ways of interacting with, and informing, you. Our digital platforms will be enhanced, and our new Customer Experience Team will be here to support you and your business.
You will see our new brand rolling out over our various media channels, with our big launch happening at The Royal Norfolk Show, this June.
And here, in this column, you will see a change that absolutely characterises the new Chambers. Because it will not be my voice. It will be yours.
Every member of Norfolk Chambers can contribute to this column. We want to use it to celebrate Norfolk’s success. Our wow factor.
You can be an individual, a big company, or a small business. You can be anywhere in Norfolk. You’ll be operating in one of these key sectors – Agricultural, Food and Drink; Charity & Social Enterprise; Construction & Development; Digital Creative & IT; Education & Training; Energy; Health & Wellbeing; Manufacturing & Engineering; Ports and Logistics; Professional Services; Public Sector; Visitor Economy, tourism & Retail.
Now, more than ever before, Chambers is about you – the members. Because it’s you who defines Norfolk, who fuels its growth and deliver its goods and services. It’s you who creates and innovates to make the county the success it is. Now, in a reinvigorated and even more communicative relationship let’s work together to share positive news about Norfolk.
So, if you’re a Chambers member, working in any of those areas, and you want to help celebrate the success of Norfolk this is your chance. Be part of this column.
We’ll collate your stories and input, and we’ll use this column to share them. From here on it will be your voices. Do it.
Like it or not networking is something we all do on a daily basis, especially within the business environment. Love it or loath it, we never stop engaging with people. So, within our blog we hope to give you some tips on how to develop and enhance your networking skills. Let’s take a moment to look at networking in a different light, let’s break down it’s ‘scary image.’ If you cast, you mind back to your school days, yes school! Reflect for moment on how you built your friendships, big or small, and social groups. These experiences were your first form of networking, and no doubt it took time to build these networks. And consider all the things you learnt back then- yes, the good and the bad, these experiences have helped to shape an understanding of how we ‘human beings,’ interact and communicate. You and your friends started with a common ground or interest, and from this point onwards you were then building connections. In many ways the school network, would have been a lot more challenging than the business world of today, as you were finding your way and place in the world- that was a lot of pressure! Your Networking Back to the current day. Now, you are empowered with so many different skills, unlike school you have perfected your subject knowledge – your business, and career, thus giving you an ideal platform to talk about. With all this in mind, here are some very useful tips to develop, support and enhance your networking skills. Our member and networking guru kicks us off first: Ian Hacon, Founder & Chief Energy Officer, Energise Me:Tip 1. Get energise “No one wants to do business with someone who looks like they don’t want to be there. So put your phone away and put thoughts of your day so far and what’s to come in the back of your mind. Use an affirmation to do this. I say to myself “Light up the room” many times on my way to the event, especially as I am entering the room. So, I arrive with a smile on my face, ready to talk.” Tip 2. Don’t be too pushy “No one likes being “sold to” in the first few minutes of meeting you. Take time to start to build a relationship with the other person. Be interested in them as a person. You might just find out something really interesting or useful.” Tip 3. do your prep “Make sure before you attend the meeting if you know who’s going to be there that you have done some research on them. Don’t be too creepy though, stalking them on Facebook and starting off with “How was your holiday in Palma?” maybe a little too far, but “I see your company just won a big order” shows you are interested in them.” Ian runs several courses on the Art of Networking, if you or your staff would like to develop these skills, click here for more information. Lorna Burroughes, from Thrive “My top tip is to grow and nuture your trusted community of connectors, conselors and collaborators, to gain the greatest return on investment. The Norfolk Chambers of Commerce Networking tips Our Chambers staff regularly attend and host events where they network with the business community. This often requires a range of different skills and can be in a diverse range of environments too. We have all brought together some of our tips to support you. If you see our Customer Experience Team at a Chambers event and would like us to support you with making connections, just say and we are always happy to pair-up to guide you round the room and help to build connections. Philippa Bindley, Head of Customer Experience “The best networking always happens at the start of the event. Always arrive on time. This allows you to talk to the host and also ask to be introduced to people. When the event ends people normally rush off to work, their next meeting or home.” Nova Fairbank, Public Affairs Manager “Don’t be afraid to smile and introduce yourself to total strangers at networking event. Remember everyone at networking events is as nervous as you. Always ask them about themselves and their business – everyone is keen to talk about what they are doing. Always check the delegate list who are the people who would be most beneficial to talk too?” Haze Carver, Customer Experience Team Member “A huge smile works wonders, it relaxes other people and you too.” Dominique Bivar Segurado, Marketing Coordinator “Always carry your business cards and be prepared to hand them out, sometimes this might be in place you least expect. One of my favourites was a children’s party. Remember at each networking event you are there to represent you and your business. So always try to be professional, friendly, and most of all enjoy meeting old and new faces. I love finding out about all different businesses in region, and it never ceases to amaze me the diversity there is! It’s also a chance to be out of the office, talk about what you do, and most of all find out about what’s going on in the business community and meet a variety of people. Over the years I have found this great to draw back on the network of people I have met.” Jack Edwards, IT & Data Manager “Have some questions lined up ready to ask if the conversation begins to go stale.” Charlotte Upcraft, PA to Senior Management Team “Be prepared where possible. If there is a delegate list, look to see who you would like to meet e.g. non-members or find out a piece of news on a member or non-member so it’s easier to start a conversation! Don’t forget to follow up any promises or leads too!! If someone is standing alone – go over to them and ask if you may join them. They may be feeling lost and uncomfortable. It doesn’t always have to start with business chat either!” Over time your networking will happen in many forms, from big to small events and one to one meetings, there is always a chance to enhance and develop you and your business. So, most of all enjoy it, be genuine and stay in touch with your network too.
Commenting on GDP figures for January 2021 published today by the ONS, BCC Head of Economics, Suren Thiru, said:
“The latest data confirms a better than expected start to the year for the UK economy as the third lockdown and post-Brexit border disruption combined to trigger only a relatively modest decline in economic activity in January.
“The vaccine rollout and budget stimulus will boost output as restrictions ease. However, the lingering economic effects of covid, including elevated consumer and business debt levels, may severely limit the pace of any recovery.
“Despite a number of welcome announcements in the budget, there are still many businesses and individuals who have, through no fault of their own, been excluded from government support. Many will require help if they are to navigate a difficult few months ahead before the economy is able to fully reopen.”
On the ONSUK-EUtrade figures for January 2021, Thiru added:
“While changes in data collection limit historic comparisons, the significant slump in UK exports of goods to the EU, particularly compared to non-EU trade, provides an ominous indication of the damage being done to post-Brexit trade with the EU by the current border disruption.
“Continued coronavirus restrictions and the unwinding of Brexit stockpiling also added to downward pressure on trade between the UK and EU in January.
“The practical difficulties faced by businesses on the ground go well beyond just teething problems and with disruption to UK-EU trade flows persisting, trade is likely to be a drag on UK economic growth in the first quarter of 2021.
“Although the postponement of import checks will help avoid exacerbating the current disruption, there must be a greater focus on long-term solutions to improving the flow of UK-EU trade. Offering tax credits to support firms to adapt to the new arrangements would help many address new burdens and requirements better.”
Post-Brexit checks on some EU goods coming into Great Britain have been delayed by six months in order to give businesses more time to prepare.
The government said the new timetable would help firms recovering in the wake of the Covid-19 pandemic.
It means physical checks on products such as meat and milk due from July will now begin in January 2022.
The requirement for health certificates on such products has been pushed back from April to October.
It is the second time that the timetable for the checks, originally due after the post-Brexit transition ended in January 2021, has been put back.
Commenting on this announcement of the postponement,Adam Marshall, Director Generalofthe BCC, said:
“This is a positive step as it recognises what everyone in business has known for weeks now: UK-EU trade has faced, and continues to face, significant disruption and difficulty.
“Ministers are right to delay the implementation of import checks that would slow trade even further – but this can only be a temporary solution.
“What businesses want to see is an end to the damaging political rhetoric from both sides, and a focus on improving border flow for the long term. The UK and the EU must get back around the table and thrash out the remaining structural problems in the Trade and Co-operation Agreement.
“For some UK firms, the continued problems with EU trade are threatening their very existence. It should not be the case that companies simply have to give up on importing from, or exporting to, the market next door.”
The move will see the training provider take a leading role in helping Norfolk Chambers of Commerce support all businesses with their learning and development
A partnership between Norfolk Chambers of Commerce and learning and development training provider Turning Factor will provide businesses with more opportunities to develop skills, knowledge and continuous learning.
Turning Factor delivers high quality training both nationally and internationally with a specialism in bespoke training programmes. Norfolk Chambers of Commerce has recently launched the Norfolk Knowledge Hub, a knowledge and skills sharing digital platform that helps businesses learn from each other.
The partnership will enable more businesses being able to access free-to-view training videos, podcasts and articles from Turning Factor within the Hub, which is available on desktop or free downloadable app, and also at key events.
James Howells, Director of Turning Factor said: “As a long established Norfolk born business we are delighted to be partnering with the Norfolk Chamber of Commerce, it gives us the opportunity to help support and be at the centre of Norfolk’s dynamic business environment. It is a pleasure to be working with the team at Norfolk Chambers and we all look forward to an exciting 2021.”
Chris Sargisson, CEO of Norfolk Chambers of Commerce said: “This is an exciting time for Norfolk Chambers as we look to drive forward our plans to provide businesses with a Digital Chamber – a place to gain knowledge, make connections and share success in a digital space.
“Having Turning Factor as a Strategic Partner means that we can collaborate on taking ‘classroom learning’ to the digital space of the Norfolk Knowledge Hub. Businesses can then access this bite-sized learning and development training in one place and can get a taster to what Turning Factor can do for business.”
For more information about Turning Factor click here
I was lucky enough to be one of the 26+ thousand fans at Carrow Road on Saturday evening to witness Norwich City secure promotion to the Premier League with a 2-1 victory against Blackburn Rovers.
Next season will mark my tenth year as a season ticket holder, my first being the year we were promoted back from League One at the first time of asking. I have now seen us promoted on four occasions, but this one has been by far the most special. Some of the football I’ve seen this team play has been truly exceptional.
However, not only did Saturday night leave me feeling over the moon (and a sore head Sunday morning), businesses should be excited too! Securing promotion once again to the Premier League means that Norwich City Football Club not only benefits from a more secure financial position, but Norwich and Norfolk as a whole also profit from a higher national and international profile from the extra TV coverage, which all helps to promote our excellent local businesses and provides a boost to our exporters.
The Norfolk business community is always very reactive to what is happening locally, this is especially true when Norwich City wins. When the team gets a good result, then the overall ‘feel good factor’ can be seen in boosted staff morale and increased productivity, which in turn contributes to further economic growth.
Norwich City Football Club’s promotion to the Premier League firmly puts Norfolk back on the global stage and raises our visibility, which can only benefit the Norfolk business community.
The Recovery Loan Scheme (RLS) will provide financial support to businesses across the UK as they recover and grow following the Coronavirus pandemic.
BCC’s Suren Thiru was included on the press release welcoming the new scheme which “can play a potentially pivotal role in supporting the recovery by getting credit flowing to the firms who most need it“.
Loans will include 80% government guarantee and interest rate cap. Businesses – ranging from coffee shops and restaurants, to hairdressers and gyms – can access loans varying in size from £25,000, up to a maximum of £10 million. Invoice and asset finance is available from £1,000.
The scheme will run until 31 December 2021, subject to review and be administered by the British Business Bank, with loans available through a diverse network of accredited commercial lenders.
You can find more information about the scheme here.
Further overnight closures of theoriginal bridge over the A47 at Postwick will take place next week to allow surfacing work to be carried out as part of the major junction works that are nearing completion.
The bridge will be closed to all vehicles from 8pm to no later than 6am on the nights of Monday 23 November, Tuesday 24thand Wednesday 25th. The next two nights (26th and 27th)may also be used if work has not been completed.
Traffic will be diverted via the new bridge over the A47 and the Postwick Hub access roads. The A47 itself will not be affected beyond the normal restrictions through the Postwick road works.
The off-peak closure of the old bridge to southboundtraffic will continue through next week between 9.30am and 3.30pm.
Norfolk County Council apologises for any inconvenience caused by these closures.
BCC has announced new speakers for their Global Annual Conference including the Rt Hon Ed Miliband MP, Lewis Iwu, CEO and Co-founder of Purpose Union and Katherine Bennett, Current Senior Vice President, Airbus.
This year’s event will be held virtually over two days on 16 and 17 June and is one of the most eagerly anticipated events of the business calendar. In the days leading up to it, and during the event, there will also be the opportunity to network with other delegates through our new virtual platform, allowing you and your guests to browse the delegate list, form connections, start conversations and make contacts.
To book your place on this prestigous event and for more information click here