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Black Country Chamber of Commerce News

Black Country Chamber of Commerce News (363)

The findings of the latest Quarterly Economic Survey (QES), carried out by the Black Country Chamber of Commerce and in partnership with the Black Country Local Enterprise Partnership (LEP), indicate that skills shortages throughout the region are reaching critical levels. For Q4 2017, the number of businesses that reported experiencing recruitment difficulties was 82%, which sees an increase of 25% on the previous quarter.

Of the service sector companies hiring, the number reporting recruitment difficulties rose to 74%, amounting to an increase of 19% on Q3 2017 and 31% on Q4 2016. Furthermore, this current figure sees recruitment difficulties for the service sector standing at the highest level since records began. In particular, managerial and professional positions have proven to be difficult to fill.

BCBF18a 015Tickets to confirmed events in the Black Country Business Festival are now live for delegates to register their place.

The Business Festival, led by the Black Country Chamber of Commerce and supported by the University of Wolverhampton and Talbots Law, will see two weeks of business events take place solely in the Black Country region between 23rd April and 4th May 2018.

The majority of events will be completely free to attend and are being staged by local companies to help other Black Country businesses and individuals to learn from each other, share and grow.

Black Country Chamber of Commerce is keen to support local businesses and workers following the breaking news that recent talks at Carillion to secure funding have not been successful resulting in the company announcing they are set to go into liquidation. The company employs around 20,000 people in the UK with around 400 of those jobs in Wolverhampton. Carillion is also at the head of an interconnected Black Country and West Midlands supply chain which will need guarantees from government and relevant business support organisations in the coming weeks and months.

With the UK headquarters in the Black Country, Corin Crane, Chief Executive of the Black Country Chamber of Commerce, commented: “Today is an extremely sad day for Carillion, but also for the city of Wolverhampton. Carillion is part of the fabric of the region, having operated in the heart of the Black Country for over 100 years. Our number one ask at this point is that decisions are made quickly, specifically regarding contracts that Carillion are already involved in.

Businesses are being encouraged to take part in the Black Country Road Run Corporate ChallengeBlack Country Chamber of Commerce are supporting The Black Country Road Run, which will be taking place on 1st July 2018 in Halesowen. The event is co-ordinated by Halesowen & Rowley Regis Rotary Club and new for this year is an exciting ‘Corporate Challenge’ has been launched, so the Chamber is encouraging local businesses to get involved to support their social impact strategy for 2018.

Local businesses can participate in either a 10k run or fun run, which serves as a great way to get colleagues together as a team building exercise or to promote fitness in the workplace. Furthermore, it is set to be a great day supporting the local community and ultimately have fun.

Corin BCBFTickets to confirmed events in the Black Country Business Festival will be available on the Business Festival website from 15 January 2018.

The Business Festival is run in association with the Black Country Chamber of Commerce and supported by the University of Wolverhampton and Talbots Law. It is a new two-week ‘festival’ of business events that will solely be held in the Black Country between 23 April and 4 May 2018.

Applications to host an event in the Black Country Business Festival are being accepted until 22 February 2018.

The Business Festival, led by the Black Country Chamber of Commerce and supported by the University of Wolverhampton and Talbots Law, is a new two-week ‘festival’ of business events that will exclusively be staged in the Black Country between 23 April and 4 May 2018.

More regional companies experienced export growth to Europe than market shrinkage in the past 12 months, a survey has shown.

The collective results of the six Midlands based Chambers of Commerce, which together represent over 15,000 companies, highlight some crucial implications for businesses currently exporting and looking to grow export sales post Brexit.

IMG 1577Black Country Chamber of Commerce is delighted to announce that the latest member to join The Platinum Group Service Sector is the West Midlands Reserve Forces & Cadets Association (RFCA).

Their role is to support the Reserve Forces of the Navy (Royal Naval Reserve and Royal Marines Reserve), Army (Army Reserve), Air Force (RAF Reserves) and the tri-service Cadets within the West Midlands Region, encompassing the counties of Shropshire, Staffordshire, Warwickshire, the West Midlands, Worcestershire and Herefordshire. They provide an essential representative link between the military forces and the local community, raising awareness of the benefits and skills gained through part-time military service, and assisting with recruiting.

IMG 1592 2Chassis component firm ZF Lemforder Ltd (ZF), based in Darlaston, have recently joined The Platinum Group. The ZF Lemforder factory in Darlaston supply suspension control arms to Jaguar Land Rover, including Aston Martin and Toyota. Their mission is to supply quality driveline and chassis products with the focus on ZF’s core brands and to provide class-leading customer support throughout UK and Ireland.

The British Chambers of Commerce (BCC) last week released the results of its survey, in partnership with American Express, which finds the majority of businesses expect the fall in sterling to increase their costs.

The survey of over 1,300 businesses found that 63% of businesses expect their costs to increase in the next 12 months as a result of the devaluation in sterling, including a quarter (24%) who expect costs to rise significantly. In comparison, only 6% of firms expect their costs to decrease.

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