Hot on the heels of Lord Young’s documented assertion that Britain is entering a ‘Golden Age’ for small businesses comes the news that the International Festival for Business (IFB) in 2016 is to be held in Liverpool from 13 June to 1 July next year. The announcement was made by business secretary Vince Cable and is another example of Westminster’s commitment to strengthening the worldwide image of the UK as an ideal place to start and run a business.
The Festival is a key component of the government’s Britain is GREAT campaign and will provide a forum for thousands of UK businesses to come together and establish global connections. Last year’s inaugural IFB was a resounding success and is estimated to have been responsible for more than £300m of trade and investment deals and the creation of 10,000 jobs by 2017. In a further endorsement of Britain’s business credentials, research carried out by UKTI has revealed that the country attracted record levels of inward investment between 2013 and 2014.
Details of the event’s itinerary were also unveiled this week at a preview event with Cable and a host of business and government leaders including UK vice president of Google, Matt Brittin, and chairman of the IFB 2016, Max Steinberg CBE. Much of the focus was on the Festivals two key audience groups – international brands in Britain and UK companies with aspirations to export their goods and services.
Cable was quick to praise the continuing legacy of last year’s IFB and backed the 2016 event to deliver an even bigger impact on business in Britain, saying: “The success of the inaugural International Festival of Business in 2014 was a demonstration of our determination for the UK to remain a stop destination for foreign investment, and I’m sure IFB 2016 will be an even more ambitious event.
“Our economy is outperforming many of our rivals and now more than ever investors are looking for opportunities in Britain, from large infrastructure projects to small, innovative start-ups,” continued the business secretary.
Steinberg added: “IFB 2016 will be a unique opportunity for thousands of businesses to open a new frontier: forging global connections, sharing ideas and exploring the potential of deals with new international partners.”
With record breaking statistics, a glowing report on the health of the business landscape from the Prime Minister’s enterprise advisor and events like IFB 2016 to look forward to, business owners have a lot to be optimistic about.
If you’re starting a business in the UK, The Company Warehouse offers a range of services to help get your business up and running. Give one of our consultants a call today on 01245 492777.