Firms shake off Brexit blues
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.