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Saturday, March 3, 2018

Insight on Brexit for business planned

How to navigate Brexit will be on the agenda at a special business summit.

As part of Denbighshire County Council’s March for Business month, former Bank of England economist Neil Ashbridge (pictured) will be giving his insights on Brexit and how exporting businesses can prepare.

The event, run in conjunction with West Cheshire and North Wales Chamber of Commerce (WCNWCC), is being held at the OpTIC Centre, on St Asaph Business Park on March 20.

Mr Ashbridge, who worked for the Bank of England for 42 years and sits on the chamber’s board of directors, will also speak to businesses on a one-to-one basis during the event.

He said: “Businesses want the UK Government and the EU Commission to reach agreement as soon as possible.  Increased bureaucracy moving goods and services across borders with the EU is a concern to businesses.

“Businesses need to plan ahead using various scenarios, identify risks with each and consider ways of mitigating those risks. 

“For those that trade externally, Brexit should be seen as an opportunity to broaden trading links - one of the reasons for leaving the Customs Union is to allow the UK to focus globally, rather than as has been the case over the last 30 to 40 years, on trade with the EU.  Growth in world trade will come from emerging markets in the long term.”

The event will also feature a chance for networking as well as information on services provided by WCNWCC, including certification services and bespoke training for new and experienced exporters.
Cllr Hugh Evans, OBE, Leader of Denbighshire County Council, said: “Brexit is an issue that will impact a number of Denbighshire businesses.

“Offering this summit as part of March for Business will give businesses all the information they need to make the right choices moving forward.

“It is important we support our county’s traders by giving them training and advice which will help their businesses grow, and help create jobs for our residents.”

March for Business is part of the Council’s work on developing the local economy through its Economic and Community Ambition Strategy, which includes a number of high priority projects to help businesses succeed.

It features 23 varied events offering almost 100 hours of content at venues across the county.
For more information on the free event visit

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