Pathway to Finance: Brexit, the Future of the UK Economy and Funding for Business

Deeside Business Forum’s latest conference proved yet another success for the organisation with information-packed presentations on where the economy is going, the effects of Brexit and information on financial assistance within the region.

Taking place at Catrin Finch Centre at Wrexham Glyndwr University, DBF Chair Askar Sheibani opened proceedings. This paved the way for DBF President Lord Barry Jones PC (below) who delivered yet another emphatic and vivid talk. He praised the business in North East Wales and surrounding areas as well as the success DBF has been in lowering the barriers to trade in the region.

Lord Barry Jones

DBF President Lord Barry Jones

For the conference’s keynote speech, DBF was both honoured and delighted to feature HSBC Commercial’s Head of Economics Mark Berrisford-Smith (below). He first briefly covered the polling data in light of next month’s General Election on 8 June.

HSBC Chief Economist Mark Berrisford-Smith

HSBC Chief Economist Mark Berrisford-Smith

His detailed yet easy-to-understand explanation gave much needed clarity surrounding potential problems should Britain not be able to secure a good deal, meaning Britain may default to World Trade Organisation’s tariffs. He mentioned the issues with particular sectors using WTO tariffs that could prove expensive for exports in the agricultural sector and engineering with the local Airbus factory that exports to multiple countries to build their aeroplanes in multiple EU countries.

Gaynor Dykes, Regional Growth Manager for Grant Thornton and Giles Thorley, Chief Executive for Finance Wales also presented what they offered as companies and highlighted the sheer wealth of financial assistance opportunities for businesses in the area.

The conference’s panel, chaired by Neil Ashbridge, a Director of West Cheshire and North Wales Chamber of Commerce, took questions from the audience to address individual’s queries. Answers came from HSBC’s Mark Lyons and Martin Berrisford-Smith, Vice Chancellor of Wrexham Glyndwr University Professor Maria Hinfelaar, Gaynor Dykes and Giles Thorley.

In closing, DBF Chair and fibre technology manufacturer Sorrento Networks’ own CEO Askar Sheibani (below) identified key issues with fibre connectivity in the UK that could harm economic growth. He emphasised how other countries like Romania have significantly more business buildings connected with fibre optic cables. This will be discussed at DBF’s next conference taking place in early September 2017.

DBF Chair Askar Sheibani

DBF Chair Askar Sheibani

Speaker Notes

Gaynor Dykes from Grant Thornton

Giles Thorley from Finance Wales

Photo Gallery

Below, is a collection of photos from today’s conference.