LETTER FROM THE PRESIDENT

Maya Mancuso

President, BABC

Northern California


US Business Relationships Manager

Dear Members and Friends of the BABC,


As we welcome the month of February, it’s hard to believe how swiftly 2024 is unfolding. Rest assured, our team at the BABC is preparing an array of exciting programs for the year. 

 

Registration is now open for our much-anticipated annual Funding, Exits, and IPOs” event, set to take place in Menlo Park. Here, a panel of experts will share their insights and predictions on the venture capital landscape for the year ahead.

 

We are hosting another annual gathering specifically for British Expats. If you are seeking updates on personal matters such as international tax, immigration, banking, credit, or advice on managing UK pensions, this event is for you.

 

We’re looking forward to the BABC NextGen Emerging Leaders Group hosting their inaugural leadership educational event for 2024. 

 

In May, we’re excited to collaborate once again with the European Chambers of Commerce for the first of three networking events at the Palo Alto office of our Patron Member, Cooley.

 

The 34th Annual Economic Forecast Luncheon Presented by HSBC was a resounding success at the City Club last week. Thank you to both HSBC and SambaNova for sponsoring the event and to all 100 guests who attended.

 

Finally, we want to express our heartfelt thanks to all our new and renewing members for their support of the BABC. If you’re considering becoming a member of our vibrant community, we invite you to connect with our Executive Director, Jo Healey. For more details on membership, please visit our website.

 


With gratitude,

 

Maya Mancuso

Bird & Bird

[email protected]

LETTER FROM THE BRITISH CONSUL GENERAL

Tammy Sandhu MBE

HM British Consul- General

San Francisco

Dear Members of the BABC,  

 

The guiding question for me this month has been: Why does the UK-California relationship matter?

 

My answer: Because together, California and the UK set the global standard across so many critical areas of growth, from tech to climate to quantum. As two of the largest economies in the world, our capacity to address mutual challenges increases exponentially when we share our experience and best practice. 

 

That is exactly why we are here: to strengthen UK-US partnerships that get us closer to solving large-scale problems. This is my underlying purpose and I know it’s something I share with so many of you at the BABC as well. 

 

In January, I had the tremendous privilege to welcome British Ambassador to the United States Dame Karen Pierce DCMG back to San Francisco. We shared with her our incredible achievements both as a Consulate and as a community. The Ambassador met with Lieutenant Governor Eleni Kounalakis and spoke with the Editorial Board of the San Francisco Chronicle. Our roster of visitors this month also included the Prime Minister’s Trade Envoy for North America, Sir Conor Burns. He met with Secretary Dee Dee Myers of the California Governor's Office of Business and Economic Development and advanced our ongoing work towards a Memorandum of Understanding with California on trade and climate. The Trade Envoy’s visit focussed on unlocking new business and investment opportunities in California for British businesses.

 

This tied in wonderfully with the Department of Business and Trade’s work during JP Morgan Week promoting UK healthcare and life sciences companies. Did you know that the UK’s booming healthcare ecosystem is the number one cluster in Europe, home to one in three biotech start-ups? 

 

We’ll be championing UK business at Photonics West, the largest photonics technology event in the world. By the time you read this, almost forty innovative British photonics companies will have arrived in San Francisco for the conference. Photonics and quantum are incredibly important areas for UK-US collaboration, with shared science and research and a thriving ecosystem of entrepreneurs.

 

In the meantime, thank you for being an essential part of our community. Keep up to date on our activities and opportunities for involvement via our LinkedIn, Instagram, or Twitter!

 


All the best,  

Tammy Sandhu MBE 

UPCOMING BABC EVENTS

See the full BABC Events Calendar

13th Annual Funding, Exits and IPO's 2024

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REGISTRATION OPEN!


2023 was an interesting year underpinned by the explosion of AI (and Ozempic). And we’ve all been thankful for AI and everything it has done for the Bay Area’s economy but is AI going to be the saviour of our economy or the destroyer of our job market? Is 2024 going to see AI and the associated need for data security take over the world or will there be other sectors that will attract the attention of the venture capital community?


Join us in Menlo Park on Tuesday, March 12, 2024, for an exciting evening of discussions with a panel of Venture Capitalists. Explore insights into the technology community's outlook for 2024, compare their 2023 forecasts, and pose your questions..

DATE:

TUESDAY, MARCH 12, 2024

TIME:

5:30 PM – 8:30 PM

CLICK HERE TO LEARN MORE

CALLING ALL BRITS!

Updates on International Tax & Estate Planning, UK Pensions, Immigration and More!

REGISTRATION OPEN!


Whether you are new to the Bay Area or have been here a while, there are things you need to know to ensure success with your tax and estate planning, immigration status and current and future finances. Navigating the immigration laws, establishing your credit history, understanding the taxation system, and oh, what to do with that UK pension you left behind? While these issues may seem separate, your decisions about one issue, may negatively, or positively, impact one of the other areas.



Join us on Tuesday, March 19th, 2024 at Squire Patton Boggs for some in-person networking at 5.30pm. The panel session will start at 6.00pm. Light bites and wine included. This is your chance to get your questions answered from a panel of experts in tax, immigration law, estate planning and UK pensions. You will also get a chance to connect with people who are in the same situation as yourself.

DATE:

TUESDAY, MARCH 19, 2024

TIME:

5:30 PM – 8:00 PM

CLICK HERE TO REGISTER

SAVE THE DATE! 4/23/24

NeXtGen Leadership Workshop Series:

Empower Now, Leading Self

REGISTRATION NOW OPEN!


BABC and Bia Mindset are thrilled to announce Empower Now: Leading Self, a leadership series focused on developing essential skills for effective self-leadership and leading others. Gain valuable insights, practical tools, and enhance self-awareness to navigate the challenges of the modern workplace with confidence. Start your journey towards personal and professional growth.


Session 1: Identity: Navigating Transitions - Embracing Personal Growth


Join us for a dynamic 90-minute session where we delve into the art of navigating personal and leadership transitions with confidence as well as embracing personal growth. In this immersive experience, we'll explore the psychological and emotional aspects of change, empowering you with practical strategies to thrive amidst these transitions.


Through interactive discussions and reflective exercises, you'll gain a deeper understanding of where you currently are and what you may need to let go of or start doing to successfully make your desired shift. Learn to embrace change as an opportunity for growth, cultivate self-awareness to navigate transitions with clarity, and build resilience to overcome challenges along the way.


Join our community as we embark on a transformative journey of self-discovery and empowerment. Let's navigate transitions together and unlock your full potential for growth and fulfillment!


DATE:

TUESDAY, APRIL 23, 2024

TIME:

5:30 PM – 8:00 PM

CLICK HERE TO REGISTER

SAVE THE DATE! 5/1/24

2024 Spring European Networking Evening

TICKETS NOW ON SALE!


The British American Business Council Northern California, French American Chamber of Commerce San Francisco and German American Business Association in cooperation with many European Chambers of Commerce invite you to join us for another wonderful European Networking Evening, hosted by Premium Member, Cooley.


Come and mingle with entrepreneurs and a range of professionals involved in cross-border business in a relaxed and European atmosphere! Complimentary appetizers, beer, wine and soft drinks will be served.


This event attracts many international business professionals from different European countries. Members of the partnering organizations and their guests have priority access to tickets for this event which is attended by over 100 guests. The perfect networking opportunity!

DATE:

WEDNESDAY, MAY 1, 2024

TIME:

6:00 PM – 8:00 PM

CLICK HERE TO REGISTER

PREVIOUS EVENTS

34th Annual BABC Economic Forecast Luncheon Presented by HSBC

On February 6th, 2024, we hosted the 34th Annual Economic Forecast Luncheon Presented by our Patron Member HSBC at The City Club in San Francisco.

 

100 guests from the BABC Community and beyond came along to hear from our expert panelists on their predictions for the economy in the year ahead covering their expectations for inflation and interest rates, the outlook generally for the Bay Area Economy, especially for tech, bio-tech and commercial real estate and we took a deep dive in to the impact of Artificial Intelligence on the economy. There was cautious optimism that generally, we are poised for brighter days ahead.

 

We would like to thank our Presenting Sponsor, HSBC, and our Silver Sponsor, SambaNova for making the event possible, and all of our guests who joined us.

 

Also, huge thanks to Richard Waters for brilliantly moderating the event as per usual and to our panelists, Ryan Wang, US Economist for HSBC, Sean Randolph, Director at the Bay Area Council Economic Institute and Richard Halkett, Chief Revenue Officer for SambaNova.

CLICK HERE FOR PHOTOS

MEMBER NEWS & EVENTS

Currencies Direct Special Offer for BABC Members

Currencies Direct offers BABC members discounts when using their platform for currency transfers. In addition to no fee when opening an account, you will receive preferential rates on transaction fees. Discounts are tied to amounts transferred. 


Currencies Direct is here to help you save time and money, and can support you with:

  • Free local currency account – handy when selling/buying an overseas property!
  • Bank-beating rates and no hidden fees
  • Repatriation of funds
  • Expert insights & market updates
  • Dedicated account manager


To secure your special rate, following the link below to set up an account. For questions, please contact Amanda Dunn at [email protected].

REGISTER FOR FREE

CLA: BABC Members Receive 25% Off Services

As a fellow member of the BABC, grab your best discount today – 25% off on first year services.


CLA is the eighth largest accounting firm in the United States, experienced in delivering integrated wealth advisory, digital, audit, tax, consulting, and outsourcing services to help clients turn challenges into opportunities. CLA exists to create opportunities for our clients, our people, and our communities through industry-focused audit, tax, consulting, wealth advisory, digital and outsourcing services. With more than 8,500 people, nearly 130 U.S. locations, and a global vision, CLA promises to know you and help you.


Please contact [email protected] or [email protected] for a 30-minute free consultation and take advantage of this special offer.

Mostly British Film Festival:

Opening Night Thursday, 2/15!

The Mostly British Film Festival, an annual cinematic celebration of English-speaking countries, is back in Vogue, February 15-22, 2024 at the VOGUE THEATER. Founded a decade ago by Ruthe Stein and Jack Bair, this year's festival kicks off with a lively Opening Night Party at 5:30 pm at Presido Kebob, 3277 Sacramento Street. The Festival's centerpieces are highlighted below:

OPENING NIGHT

How to Have Sex

Far from an instructional video, How to Have Sex is a dazzling deeply-imagined coming-of-age feature from British director Molly Manning Walker. Her remarkably self-assured debut– winner of the Un Certain Regard jury prize at Cannes– magically transports the audience back to their teens, a time marked by confusing sexual feelings. Nominated for 13 British Independent Film Awards.


Thursday, February 15, 2024 - 7:30 pm

CLICK HERE FOR TICKETS

The Mostly British Film Festival is presented by the San Francisco Neighborhood Theater Foundation and makes its permanent home at the Vogue Theater. A series pass including all 26 films and opening and closing night parties with early access into the theater costs $350/$250 (discounted prices for members of SFFILM, the Fromm Institute, the Calvary Presbyterian Church and people 65 years and over). Opening night tickets are $50/$35, and closing night is $30/$20. Individual tickets are $20/$15. Tickets available at mostlybritish.org and the Vogue Theater box-office.

London Leads in Climate Tech, AI Investment

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According to London & Partners, London has taken the number one spot in Resonance’s world’s best cities ranking for 2024. The consultancy group’s annual ranking considers qualitative and quantitative data, including GDP and evaluations on social media from locals and visitors. London came first place in two of the three main categories – livability, lovability and prosperity – which are used to calculate an overall score for each city. Resonance has also acknowledged how London’s transport has bounced back since the pandemic, as well as the amount of investment and tourists visiting the city as some reasons for the number one ranking.

NETWORK NEWS & EVENTS

BAB Responds to Lord Harrington’s Review into FDI

BritishAmerican Business (BAB) met with UK Investment Minister Lord Johnson in Washington DC in January to offer its response to Lord Harrington’s Review on the UK’s attractiveness for Foreign Direct Investment (FDI), on behalf of its members.


BAB’s response, which follows a period of consultation with its members, supports the Review’s recommendations, endorsing a new long-term investment strategy, and highlighting the need for swift and effective implementation for the UK to remain an attractive destination for US investors.


Speaking with Lord Johnson alongside US investors, BAB emphasised the critical role of the broader business environment, urging continuous assessment of the overall cost of doing business in the UK, including tax. BAB also raised the need to avoid unintended discrimination against foreign companies, citing the Digital Services Tax as an example that has had a negative influence on US investor sentiment.


CONTINUE READING HERE.

JOB BOARD

Vacancies:



Business Development Manager

Working with the Head of the US on a daily basis, you will be tasked with delivering the firm's US business plan, this work will have a particular focus on the firm's established Technology, Media & Telecoms sector and will cover a wide variety of Marketing and Business Development duties.


CLICK HERE FOR MORE INFORMATION

Intern Candidates:

 

From time to time, we learn about candidates looking for opportunities to work in the United States as an intern. This month, please meet Natasha Jackson. Natasha is her final year of university at Royal Holloway, University of London on track for a First Class (A) Bachelor's degree in Business and Management. Upon graduation, she plans to take a year out to gain work experience before returning to study for a Master's degree.


CLICK HERE TO VIEW RESUME

WELCOME TO OUR NEW MEMBER

BUSINESS & COMMUNITY PARTNER MEMBER


Joe Laver Consulting provides services for clinical trials startup (EDC selection, study database build and testing, user training) through study conduct (query management, forms tracking, data issue identification) and onto database lock and archiving. CDM documents (DMP, UAT Plan, Edit Check Specifications) created to FDA standards. Joe has been in the Pharmaceutical industry for over 30 years (4 in the UK, remainder in the US). Experience working with pharmaceutical, biotechnology, medical device and CROs companies. A Clinical Data Management (CDM) leader and Electronic Data Capture (EDC) subject matter expert

LEARN MORE

WITH THANKS TO OUR RENEWING MEMBERS

PATRON MEMBER

HSBC is one of the world’s largest banking and financial services organisations. With around 6,000 offices in both established and emerging markets, we aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realise their ambitions.


We serve more than 47 million customers through our four Global Businesses:

Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Our network covers 71 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.


HSBC was born from one simple idea – a local bank serving international needs.

LEARN MORE

PREMIER MEMBER


Ace Relocation Systems strives to deliver a high-quality, personalized relocation experience at every level and during every interaction. Whether moving around the corner or across the globe, Ace is strategically positioned to best support our client’s relocation programs.


We are proud to be one of the largest movers in the industry, successfully completing more than 20,000 moves per year. Ace is counted among the best and maintains this quality leadership position by continually investing in team members, processes, and equipment – while also embracing technology that further enhances the experience being delivered. Ace values the trust that is placed in us with every move that we perform, and we never take for granted the importance of delivering the highest value of relocation dollar for our clients.

LEARN MORE

CORPORATE MEMBER


Spott Lucey & Wall is a local CPA firm providing a full range of taxation and attestation services. We have over 30 years of experience assisting our domestic and international business and individual clients manage their demanding cross border transactions. We offer our clients extensive technical skills and resources to provide solutions to complex business issues. Our professional staff has been specially trained with the quality and depth of knowledge to help our clients succeed.

LEARN MORE

BUSINESS & COMMUNITY PARTNER MEMBERS


20/20 Productions is a corporate communications production company, specializing in video, events and digital design. Founded in 1990, based in Edinburgh, Scotland and San Francisco, the company assists Clients throughout the US, Europe and beyond. 20/20 Productions Founder and CEO Andy MacKay has over 30 years experience in the presentation industry, working globally on projects for Clients ranging from start-ups to the United Nations (literally!). The success of the company is based on our creative but ‘common-sense’ approach to communications.

LEARN MORE

Taylor Wessing is a leading full-service tech & life sciences focussed law firm with 29 offices worldwide and a center of gravity in Europe. We have been helping North American companies of all sizes do business in the UK, Europe and beyond for over 30 years, from the early pioneers of Silicon Valley through to some of the biggest companies and brands in the world. Our San Francisco team supports 50 – 75 North American venture-backed companies each year on going international, giving us a leading international expansion practice.

LEARN MORE

For all of your US origin export needs, contact Tokyo Express Co., Inc. We can find, purchase and ship overseas on your behalf any and all construction related materials. Contact [email protected] or [email protected] for details.

INDIVIDUAL MEMBER

Iain Anderson

WITH THANKS TO OUR SUSTAINING

PATRON & PREMIER MEMBERS

PATRON MEMBERS
PREMIER MEMBERS

MEMBER-TO-MEMBER OFFERS

Enjoy the perks of being a Member

One of the benefits of membership in the BABC Northern California is the opportunity to access Member-to-Member-Only special offers and hot deals.


To learn how to access codes and instructions, log in to your BABC Account and click on the Member-to-Member Deals button.


To take advantage of these Member-to-Member offers, join the BABC today to obtain the discount code. Click here to learn more about membership.

LOGIN & REDEEM NOW
FEATURED OFFERS

SAVE WITH CURRENCIES DIRECT!

Currencies Direct offers BABC members discounts when using their platform for currency transfers. In addition to no fee when opening an account, you will receive preferential rates on transaction fees. Discounts are tied to amounts transferred. To secure your special rate, following the link below to set up an account. For questions, please contact Amanda Dunn at [email protected].

REGISTER FOR FREE

Log in to your Member account to obtain the discount code for:

A 30-minute free consultation and to take advantage of this special offer

Log in to your Member account to obtain the discount code for:

A complimentary 60-Minute Initial Consultation with BIA Mindset Founder, Fiona Roberts

BABC Members get one month membership on Spot+ and Office+ (w/ 6+ mo contract)

British American Business Council | (415) 296-8645 | [email protected] | www.babcsf.org
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