Helping New England and U.K. businesses succeed since 1986 |
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BABCNE Monthly Bulletin
October 2021 Edition
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A message from our President
An exciting month ahead, with transatlantic travel finally opened up. Great to see both BA and United Airlines ramping up flights from BOS to LHR, and we look forward to hearing about your increased business opportunities.
In September we partnered with the Aston Martin Owners Club for a lovely event hosted by Dr. Peter Abbott, British Consul-General. Looking forwards, we plan to gather on the lawn at the Lars Anderson Auto Museum for a Spring Garden Party, surrounded by gorgeous Aston Martins... watch out for more detail in due course!
October sees the launch of the latest Bond movie 'No Time to Die' and I encourage all our NextGen Professionals to join Board Member Rich Hawke on Thursday 7th for a group watch party. We are also planning a program in Newport RI this Fall and look forward to widening our membership base across the six New England States. If you have ideas for fun or educational programming, please do make suggestions!
All the best,
Annabel Realf
President BABCNE
Partner, PWC
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British Consul General Dr. Peter Abbott
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Check out this 3 minute VLOG from the Consul General on what’s been happening in the life of the British Consulate and as he looks forward to hosting VIP visits in October by Lord Prior, Chairman of the NHS, and others. |
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Be responsible! Be #TravelAware in the UK and USA
Sign up for alerts @FCDOtravelGovUK and @TravelGov
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Check out the COVID-19 Travel Industry Monitor to stay informed on the state of the travel industry and plan recovery efforts. Created by the US National Travel and Tourism Office, the tool tracks a number of indicators important for the performance of the travel and tourism sector in the United States in the wake of the COVID-19 pandemic: COVID-19 cases, international visitation, travel indicators, travel in trade, business and consumer sentiment, and key economic indicators.
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NextGen Professionals
Limited tickets still available for our NextGen group watch party for No Time to Die on Thursday 7th October!
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Building Partnerships
BABCNE partners with The British Consulate and the Aston Martin Owners Club
We were delighted to join the British Consulate and AMOC New England on Thursday 30th September for an evening hosted by Her Majesty's Consul General, Dr. Peter Abbott at his residence on Beacon Hill. Board Members Judie Akerman, Paul Stanislas and Rich Hawke joined AMOC and BABCNE members, and Consulate staff and guests, for an evening celebrating fine British engineering, and enjoying an educational and entertaining keynote by Aston Martin Club Historian, Nick Candee.
Drink provisions were supported by the UK's Tenure ENGLAND Vodka and Highclere Castle Gin, and cocktails were shaken, not stirred, in homage to the launch of the latest Bond movie.
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Above: British Consul General, Dr. Peter Abbott, AMOC President Bob Welch, AMOC Historian Nick Candee
Below: Nivi Seshadri of Motional, John Washington of P&G, Louise Pordage of KPMG, BABCNE Member Amrit Kang of London & Partners
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Above: Malcolm Burwell, AMOC Northeast Rep,
Hannah Webb of Northern Powerhouse /
The British Consulate
Below: BABCNE Board member Paul Stanislas,
AMOC Board member and event co-host
Rhiannon Hayes, Bridget Kenneally of Deloitte
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Below: Consul General Dr. Peter Abbott
with BABCNE Board Member Judie Akerman,
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Below: BABCNE Member Richard Lockhart with Stop & Shop President Gordon Reid, and Consul General Dr. Peter Abbott
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UK PM appoints Anne-Marie Trevelyan as new Secretary of State for International Trade and President of the Board of Trade
Taking over from Liz Truss who was promoted to Foreign Secretary, in this role Anne-Marie is responsible for:
- leading the UK’s role in championing free trade through securing new free trade agreements, developing a new UK global tariff policy, and reforming the World Trade Organization (WTO);
- upgrading the UK’s export performance by increasing the number of exporters and the value of exports;
- increasing the amount and value of foreign direct investment (FDI) into the UK;
- and overall responsibility for the business of the department, including the running of the department and its finances.
SOS Trevelyan is also the UK International Champion on Adaptation and Resilience for the COP26 Presidency, where on behalf of the UK government and the UN Climate Change Conference of Parties COP26 Presidency, the Champion leads discussions between national governments, the international community and business on adaptation and resilience (A&R). This means working towards supporting countries, including those most affected by climate change, to increase action to adapt to its impacts and build resilience for the future.
The Champion will drive forward greater global action and ambition in the lead up to COP26, working closely with the Foreign Secretary and the COP President-Designate.
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From Liverpool to LA, shortages of energy, labor and transport are threatening recovery from Covid.
A record number of cargo ships are stuck off the California coast amid a supply chain crisis that could mean fewer gifts and toys for Christmas this year.
It was all going so well. Successful vaccination programs were driving the post-pandemic recovery of the global economy, stock markets were back at record highs, and prices were rising just enough to make deflation fears a thing of the past.
But a supply crunch that initially put a question mark over the availability of luxury cars or whether there would be enough PlayStations under our Christmas trees is instead morphing into a full-blown crisis featuring a shortage of energy, labor and transport from Liverpool to Los Angeles, and from Qingdao to Queensland.
All the problems are in one way or another tangled up in the surge of post-pandemic consumer demand, but taken together they threaten what one leading economist calls a “stagflationary wind” that could blow the global economy off course.
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New England Community News |
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MEMBER SPOTLIGHT
Amrit Kang, Vice President for Trade leading The Mayor of London’s International Business Programme in the United States, visited Boston, Cambridge and Charlestown in early October to connect to businesses who have recently expanded.
Individually tailored for London businesses, this free 12-month programme provides world-class support and advice for international business success, including bespoke, on-the-ground support in your key global markets. Find out more here: About Go to Grow London
Amrit is located in NYC and covers the whole of North America for Trade, giving face to face and opportunities for these London businesses to successfully scale. Whilst in the North East she met London based ALP TECHNOLOGIES which has recently landed in the fabulous space at Greentown Labs to grow and scale their product.
Connect with Amrit to help London companies expand here by emailing [email protected].
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Hiring Tech Talent in Massachusetts
Q&A with Tom Hopcroft, CEO, Massachusetts Technology Leadership Council and BABCNE Member Jody Robie, SVP, Talentworks Int'l
Jody discusses Tom's perspective on the complexities of hiring tech talent and the challenges companies are facing nationwide and in Massachusetts today.
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When being a heavyweight really matters!
For some, the pandemic created a weight gain environment that may not have been welcomed ... but gains like this are all relative. For a little fun, check out this 2092 (lb) heavyweight featured by New England Cable News: When being a heavy weight really matters
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Currently doing business with the UK? Knowledgeable about transatlantic trade?
Passionate about life across the pond? We want to hear from you!
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Event Details
Date: Oct 14th
Time: 6am - 7am ET
Cost
Free
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Northern Powerhouse Investment Fund
Join this edition of the NPH Investment Fun series of events to grow your knowledge of equity investment including; how equity can be a solution in challenging times, valuations: head vs. heart, and finally tips for the perfect pitch. Senior Managers from the British Business Bank will be hosting these events with fireside chats with Maven and Mercia, the leading equity investors across the North who will be sharing their expertise, best practices and lessons learnt.
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Event Details
Date: Oct 15th
Time: 9am-10am ET
Cost
Free
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The Capitol Hill Report with Congressman Jim McGovern
Congressman McGovern was first elected to congress in 1996 and represents Massachusetts's 2nd district. He serves as Chair of the House Rules Committee.
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Event Details
Date: Oct 19th
Time: 11am ET
Cost
Free
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Transatlantic Finance Forum: Bank of America and FT
Fireside Chat with Brian Moynihan, President & CEO, Bank of America, and Gillian Tett, Editor-at-Large, US, The Financial Times
Brian and Gillian will share perspectives on the global economy as the world begins to phase out of the COVID-19 crisis, the changing nature of financial services, and additional insights on challenges and opportunities around fintech data, the future of sustainable finance and more.
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Event Details
Date: Oct 20th
Time: 3.00 - 4.00pm ET
Cost
$25.00
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NE Venture Capital Association:
RNA - From Therapeutic Modality to Therapeutic Target
NEVCA's VC Briefings offer in-depth, interactive discussions between investors, operators, and academics, on the topics at the cutting-edge of the venture landscape. Co-hosted by Atlas Venture and AbbVie, this discussion will focus on some of the approaches being explored to modulate mRNA processing and translation for therapeutic benefit and explore the promise and challenges of the field
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Event Details
Date: Oct 21st
Time: 12.45 - 2.00pm ET
Cost
Free
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MassTLC: Investment & Inclusion Series: Understanding ESG & Impact Investment: How Founders & Investors Can Drive Positive Change
Impact investment is an opaque topic and can mean a variety of different approaches. ESG (Environmental, Social and corporate Governance), SDG (Sustainable Development Goals), Impact Investors... These investments have the intention to generate positive, measurable social and environmental impact alongside a financial return. However, both founders and investors should understand the opportunities of creating greater impact both in what they do AND understand how they run their companies AND understand exactly how this impacts communities around them (for good or bad). Join us as we’ll learn from experts inside and outside of the US on the opportunities and pitfalls of various types of Impact Investment and what lessons we can learn from these models.
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Event Details
Date: Oct 25th
Time: 12.00 - 1.15pm ET
Cost
Free
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Doing Business in the USA
Are you considering additional growth in the US market in 2021/2? Join BABC Philadelphia for their ‘Doing Business in the USA’ webinar, gaining access to an array of speakers that can support UK businesses with US investment aspirations. Explore the comprehensive operational support needed to establish, grow and streamline your US business activity. Join this webinar to learn more about what you need to know and plan for in your US expansion and tools you can leverage.
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Explore these Programs with our Members and Partners: |
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A Conversation with Massachusetts Governor Charlie Baker - Sept 14th |
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Top tips on recruiting and retaining talent in these challenging times - Sept 23rd. |
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City of Boston Updates
Through an order from the Boston Public Health Commission, the City of Boston is requiring all people over age two to wear a mask or face covering, effective 8am on Friday, August 27, 2021.
The City is implementing this proactive public health plan to mitigate community transmission of the Delta variant with the arrival of more than 50,000 college students from across the country and a return to school for more than 50,000 Boston Public Schools students. Most of the 100,000 children who live in the City of Boston are too young to be eligible for vaccination.
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BABCNE SOCIAL MEDIA
We invite you to follow us, post on our pages and build your network among our community.
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BABCNE Mission: To foster business development and networking opportunities between the United Kingdom and New England.
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