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Welcome to BAB's Trade & Investment Update for February 2020.

February saw BAB publish an exciting new guide produced in partnership with Fragomen aimed at companies doing business in the UK. The guide sets out the key considerations businesses should be making with regards to their workers, and how Brexit may affect their operations.

Our New York team held another fantastic event in the Start Up, Scale Up, Sale series, which brings together business leaders and founders to share experiences and insights into starting up and growing a business. BAB's CEO Duncan Edwards also attended a great networking event with our friends at BABC Texas and her Majesty's Consul-General in Texas, Richard Hyde.

We're also delighted to highlight two fantastic events coming up that BAB is proudly supporting. The Festival of Enterprise, and the Margaret Thatcher Conference on Trade. More details (including how to claim discounted tickets if you're a member of BAB) below.

Last but not least, we're extremely excited to be back in March for our annual Transatlantic Growth Awards, held for the third year running in London. We're bringing together the most exciting, innovative and fast-growth companies across the transatlantic corridor to celebrate their success. Attendance is free and open to all who share our passion for celebrating transatlantic success. We look forward to seeing you there!

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BAB and Fragomen Publish Brexit Immigration Guide for International Companies in the UK

In proud partnership, Fragomen and BritishAmerican Business have produced a Brexit immigration guide for international businesses with operations in the UK, setting out the key considerations companies need to be making during the transition period and beyond in regards to their workers, and how their ability to work in the UK could be affected by Brexit.

The guide also provides a helpful summary of the UK Government’s proposed new immigration system, and how your business should be preparing for these proposed changes, as well as a timeline throughout the year and into 2021 to help you plan for what comes next.
 
The guide covers:
  • What the current deal between the UK and EU means.
  • The settled status process - are your workers eligible to apply and how they can do so.
  • The timeline - what is likely to happen and when, and how you can be prepared.
  • Key messages you should be delivering to your business.
  • The UK Government’s latest immigration plans, to come into effect on 1 January 2021.
  • The differences in your approach regarding Irish citizens in the UK and UK citizens in Ireland.

Click here to read the guide
BAB New York Holds 2nd Start Up, Scale Up, Sale: Lessons Learned Event
12 February 2020

On 12 February, BAB New York held the second event in the Start Up, Scale Up, Sale series, which brings together  founders, board members and other professionals to share their insights and experiences in starting up, growing and potentially selling a business.

Discussion was led by a panel of expert speakers:

This event was kindly sponsored and hosted by CLA (CliftonLarsonAllen)
BAB CEO Duncan Edwards Meets with Her Majesty's Consul-General in Texas and BABC Houston Members
26 February 2020

BAB CEO Duncan Edwards attended a networking reception in Hosuton, Texas in February alongside Her Majesty's Consul-General in Texas, Richard Hyde, and members of the British-American Business Council Texas .

Duncan and the Consul-General also delivered welcoming remarks to attendees and spoke about what the transatlantic business community can expect post-Brexit.

This event was held in proud partnership with the British Consulate-General Houston, and BABC Texas.
Grow Your Business, Network and Knowledge at the Festival of Enterprise
28-29 April 2020

We are often hamstrung by a lack of solid business information. We rely on those around us to help fill in the gaps, and make better decisions. 

So why not surround yourself with the best business people in the country for a day – entirely for free – and soak up the most cutting edge but road-tested tips, tricks and solutions to your business goals and problems?

Whether it's cashflow that keeps you up at night, not enough sales, finding and recruiting talent, worries about your competitors, lack of motivation, or simply issues with your systems or inefficient processes - the Festival of Enterprise will have it all covered.

Your free visitor pass gives you access to the full event programme, focusing on 5 main themes: funding , revenue growth , technology , strategy , and inspiration . Business owners and entrepreneurs will take away proven strategies that the most successful business owners have used to fuel their growth.
Content delivered by over 100 expert speakers across hundreds of sessions, the exhibition floor giving you access to over 250 companies all specialising in helping businesses reach their growth potential, over 50 networking events taking place, and over 8000 entrepreneurs in attendance - it’ll be two packed-full days of knowledge and networking, all designed to help your business grow, faster. 

BAB is excited to be official partners at the Festival of Enterprise, and invite you to join us - Check out some of the fantastic speakers already confirmed (including our own Executive Director, Emanuel Adam!:
  • Lord Bilimoria, Founder, Cobra Beer
  • Alan Barratt, Founder and CEO, Grenade®
  • Cemal Ezel, Founder & CEO, Change Please CIC
  • Carina Lepore, Owner and Co-Founder, Dough Bakehouse
  • Jamie Laing, Founder, Candy Kittens
  • Chris Ducker, Founder, Youpreneur.com
  • Camilla Ainsworth, Founder & CEO, M+LKPLUS
  • Lee Wilcox, Co-Founder and CEO, Electric House
  • Jim Cregan, Co-Founder, Jimmy’s Iced Coffee
  • Danny Gray, Founder, WAR PAINT FOR MEN
  • Nick Coleman, Founder & CEO, Snaffling Pig
  • Alex Chisnall, Founder, Founder, Screw It, Just Do It
  • Katie Thomas,Co-Founder & Design Director, KTM Design
  • Emanuel Adam, Executive Director, BritishAmerican Business

UK Government Launch Two New Tools for Businesses Exporting to & from the UK

The UK's Department for International Trade has released two new tools for businesses looking to export to and from the UK.

The tools allow you to check:

  • rules and restrictions
  • tax and duty rates
  • what exporting documents you need
  • product-specific standards and regulations
  • if there’s duty and VAT to pay
  • duty relief schemes
  • if an import licence is needed
  • your UK commodity code, for example if you do your own import declarations
Be a Part of Finding Your Way: The Trade & Investment Guide to the US 2020/21

The United States is the Land of Opportunity, so it's no surprise that British businesses make up the largest source of Foreign Direct Investment in the US Market.

Despite this, many businesses, particularly smaller firms in the UK need help navigating the often vastly different and sometimes complex US business landscape.

Finding Your Way: The Trade and Investment Guide to the US serves as a first port of call for any business with transatlantic ambitions, providing comprehensive, expert advice from our partner companies on a range of issues such as Tax & Accountancy, Finance, Logistics, Insurance and Immigration. The guide also features regional spotlights on the best places to invest across the United States.

Get in touch with Rita Davids, Manager, Corporate Engagement and Trade today and find out how you can be a part of transatlantic success!
The Transatlantic Growth Awards 2020
30 March 2020 - London

BAB's Transatlantic Growth Awards are back in 2020, celebrating stories of growth and success across the pond.

The 2020 Transatlantic Growth (TAG) Awards will take place in London, to recognise and reward companies from SMEs to MNCs that invest in the transatlantic economy, creating growth, prosperity and jobs in the US and UK.

This event is a highlight of the London calendar, and not to be missed for those looking to celebrate the inspiring stories of transatlantic success.

For more information on the TAG Awards, including how to register - click here
Note on BritishAmerican Business policy in regards to COVID-19 virus

We and our partners are aware of the growing concern surrounding COVID-19, and we are monitoring the situation closely.

At this time, we will proceed with our programme of events and meetings as planned unless official government and health officials advise otherwise.

We are following recommended health guidelines. We advise all of our guests to follow the professional advice from UK health experts and self-isolate if they are experiencing cold, cough, fever and flu-like symptoms; if they have been in touch with someone with confirmed coronavirus or if they have recently travelled to an area with high risk of coronavirus. For more information, visit www.nhs.uk/conditions/coronavirus-covid-19/ .

 For guests attending our events, we will supply sanitizers and access to washing facilities, and we encourage thorough hand washing and other hygienic practices. We recommend refraining from physical contact during greetings. 
The Margaret Thatcher Conference on Trade
23 March 2020 - London

BAB is delighted to be supporting the 2020 Margaret Thatcher Conference on Trade.

The Margaret Thatcher Conference is the Centre for Policy Studies ’ flagship annual event. It aims to provide a platform for senior politicians, business representatives and experts to discuss top line, international topics in front of a high level audience. 

The 2020 conference will focus on pressing issues in the trade debate at the turn of the decade: when the UK is leaving the European Union, looking for new trading arrangements across the globe, whilst the US is engaged in an ongoing trade war with China. The conference will also seek to assess what the 2020s have in store for international trade, and make the case for the benefits of free and open trade.

The conference has a fantastic lineup of speakers already confirmed:
  • The Rt Hon Liz Truss MP, Secretary of State for International Trade
  • The Rt Hon Michael Gove MP, Chancellor of the Duchy of Lancaster
  • The Rt Hon George Osborne, Former Chancellor the Exchequer and Editor of the Evening Standard
  • Catherine McGuinness, Chair, Policy and Resources Committee - City of London
  • Alan Wolff, Deputy Director - World Trade Organisation
  • Hon Tony Abbott, former Prime Minister of Australia
  • Michael Spencer, Chairman - Centre for Policy Studies
  • Natalie Blyth, Global Head of Trade and Receivables Finance - HSBC 
  • Ben Elliot, Co-chairman - Conservative Party 
  • The Rt Hon The Lord Peter Mandelson, Co-founder and Chairman - Global Counsel 
  • Philip Bouverat, Director, Global External Affairs - JCB
  • HE Mrs Janice Charette, High Commissioner for Canada in the UK
  • Georgina Wright, Senior Researcher - Institute for Government 
  • Jayne Anne-Gadhia, Chief Executive Officer - Salesforce
  • Fraser Nelson, Editor - The Spectator  

Are you a member of BAB? Get in touch to receive an exclusive offer on discounted tickets!
Thank you for reading this month's Trade & Investment Update. If you have any feedback or comments, please contact us.

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