Firms shake off Brexit blues

Solihull News - - BUSINESS NEWS - KEVIN JOHNS Pres­i­dent of Soli­hull Cham­ber

GREATER Birm­ing­ham Cham­bers of Com­merce, of which Soli­hull Cham­ber is a part, re­veals that re­gional busi­nesses, par­tic­u­larly in man­u­fac­tur­ing, have shaken off any Brexit blues to launch a con­certed cam­paign to win busi­ness abroad.

In Soli­hull, man­u­fac­tur­ers such as Jaguar Land Rover are show­ing re­mark­able re­silience to bat­tle against many ob­sta­cles, in­clud­ing fluc­tu­a­tions in ex­change rates.

Thirty- two per cent of ser­vice sec­tor firms, like our­selves at Prime Ac­coun­tants, re­port a sales in­crease – the high­est fig­ures since the fi­nal quar­ter last year.

There was also good news of or­ders in­creas­ing.

A to­tal of 49 per cent of man­u­fac­tur­ing firms ex­pe­ri­enced in­creased over­seas sales – a twoyear high since the 50 per cent recorded in Q3 2015.

For more in­for­ma­tion on what the eco­nomic fu­ture looks like in our re­gion re­serve your place at the Q3 Cham­ber QBR launch event at Birm­ing­ham City Univer­sity Cur­zon Street build­ing on Novem­ber 7.

Call Se­nior Pol­icy Ad­viser Raj Kan­dola on 0121 607 1814.

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