Enterprise Risk Management Hub
The risk management marketplace and online exhibition area. Change the way you manage your business. Improve the enterprise risk information to improve your business decision making process.
The risk management marketplace and online exhibition area. Change the way you manage your business. Improve the enterprise risk information to improve your business decision making process.
Take control of the news on the streets online. Play your part in the process of collecting reporting analysing and disseminating news and information locally and globally.
Use your own equipment social media accounts and ideas. Spread the latest information real news and own insight. Report the facts your opinions and your conclusions independent of traditional news outlets.
Use a range of digital media to present a new style of journalism online. Take an active role in creating the news and critiquing local and world events. Seize the opportunity as an amateur journalist to spread the word.
Do you have an interesting business story? Do you have an opinion on your local or global economy? Want to discuss or debate a pressing enterprise risk problem? Have a Press Release you want to spread further? Join our online business enterprise risk management community for free. Send your pictures or video to email@example.com
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Breaking news stories and features updated and published here. Come back for more news opinions debates and business reviews. You can receive breaking news reports and features on your smartphone tablet pc or TV. You can also follow @ERMuk on Twitter to get the latest news views and reviews.
Compare car insurance in the UK. The cost of car insurance in the UK rises and falls. However car insurance always has a significant impact on personal and corporate budgets.
It is easy to compare cheap car insurance in UK. Whether you are responsible for your household budget or business budget it is easy to compare the cost of car insurance in UK.
It is not always to beat the car insurance renewal price. That can depend on car insurance market fluctuations.
The cost of a comprehensive motor insurance policy fell 11 percent in the UK between April and June 2018 compared to the same period last year.
Willis Towers Watson insurance brokers has reviewed the cost of car insurance in UK for confused.com. The insurance broker has found that car insurance premiums have fallen for the fourth quarter in a row.
SME business thinktank on business growth and development. Entrepreneurs and business leaders developing new income more profitably. Focus on reducing costs increasing productivity and maximising profit for small to medium sized businesses in the UK.
Join our interactive business think tank to network with business leaders to grow your business faster.
UK economic growth 2018 started more slowly than end of 2017. The UK economy news is normally weaker at the beginning of the calendar year. Most of the UKs economic growth comes as the calendar year progresses.
Mr Mark Carney the head of the Bank of England says poor UK economic activity at the beginning of the calendar year 2018 was due to the weather and not UK economic climate.
In addition Mr Carney reports that all slack in the UK economy has been taken up and this is likely to push up UK prices and UK inflation.
With very high levels of employment low levels of unemployment and a million plus job vacancies unfilled it is more likely that wages will increase faster. UK employers will need to pay more to attract candidates and to keep existing staff.
Mr Carney paints a rosier future for the UK economy in 2018 with downside risks including global international trade war. UK interest rates more likely to rise later this year and this should boost value of the UK pound.
Keep up to date with latest business stories. Read the latest news and watch coverage on company news. View images videos and more on business news on BusinessRiskTV.
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The corporate risks behind the latest news headlines put under the spotlight to identify the lessons business leaders need to learn to protect their own business. Grow faster with less uncertainty about risks on horizon or here right now.
In order to move forward we must look back. If we want to create a better future for our businesses we need to learn the lessons from the mistakes of the past.
Nobody wants to make mistakes. Where they have been made we should not repeat them
Learn how to use past mistakes to make business better. Undertake risk reviews to check what went wrong and why. Develop real risk insight to build your business intelligence.
Often we learn more from failure than success. Ultimate business performance can be higher after lessons learnt. Not reviewing risk management errors condemns you to repeating them.
Transform your business on back of past mistakes. Your past mistakes can be the foundation of your future success. However do not dwell on past mistakes. Learn lessons move on but do not keep picking wounds.
Step into your future by looking back at past mistakes
Collaborate with business leaders around world. Learn lessons from their mistakes and from businesses not in the collaboration. Review business mistakes so we do not suffer same fate.
Practical ways to manage risk better. Tackle common business risks holistically enterprise wide. Learn best practice risk management techniques in business.
External or internal driven risks threaten your business. They also create new business development opportunities. Reducing the effect of uncertainty on your business is important.
How do you manage enterprise risks? Do you put risk into different silos like safety, insurance, cyber risk, sales strategy etc? They can be rolled into one holistic risk based approach.
What is the most effective way for a business to manage risk? Look at what you are trying to achieve? Could you achieve more with your existing assets? Has good luck been saving you from disaster?
Understand the bigger picture first. When you know what risk you have then manage it.
There is danger being in business. Danger that you could blow your value. Danger you could under perform.
Campaign for better manage of enterprise risks. Join the discussion on business risk management for free from your twitter account.
Read more about business risk management. Watch videos online from your phone pc or tablet
Enterprise risk management articles. Latest news opinions and product and service reviews. Engage with your peers. Ask the experts for help to overcome your risk management problems.
Read more and watch more videos online. Develop your risk knowledge to improve business performance. Sign up to BusinessRiskTV.com for alerts to latest in business risk management.
The 4th Industrial Revolution is upon us. For some it will be a plague but for others it’ll will be a feast.
Every day you can find multiple great ideas that could potentially disruptive the current way of doing things. My favourites at the moment are flying modes of transport that could easily replace vehicles that have to travel on roads and flying machines that briefly go to space to get to their destination quicker. They may seem like far off technological developments, but the technology works now. Its flight rules and regulations that will hold them back to protect carmakers and airplane makers not technology risks.
Everyday new innovative ideas and products flood onto the market. For most it will be like Tomorrows World. The innovative ideas will not be sustainable. We want to work with people who want to take over the world in a good way!
Pull in our resources to make innovation-driven business growth more likely to succeed and maximise the return of your investment of time and money.
Fatal existential business decisions are easy to see in hindsight. Foresight consultants can help you take steps to protect yourself from your own poor business decisions.
Anyone can take a wrong turn. If you’re lucky the decision may not be malignant. You might survive to fight another day. On the other hand.
Your brand maybe vulnerable to others who have been thinking differently, or from changes to the marketplace. It may fail cause your performance ain’t good enough, or because your competitors change the rules of the game.
How you fail may not matter too much after you’ve failed. It will be too late to consider what you are doing wrong. Kodak didn’t want to change when they had to change to survive. They were making too much money from photographs to change to embrace digital photography. Market changes can kill the best businesses.
Being more innovative or creative can be frightening. Picking the wrong horse in a paddock of new opportunities can be very costly. Innovation can also be exciting and highly rewarding.
We aim to make innovation for you more exciting and rewarding as well as reducing the uncertainties that accompany innovation and creativity. Disruptive innovators can draw on our tips advice and support to become more successful with more certainty.
To find out more complete and submit the form below and enter code #DisruptiveInnovators.
Analysing your business strengths weaknesses opportunities and threats will help you understand your business better and the marketplace within which you need to succeed. By identifying where you are now within the market will facilitate any assessment of the best strategies for future business success.
Not only must you protect your business but you must explore the opportunity cost of not doing something that could bring greater rewards with the same cost.
By getting the most from your money and time you can maximise the profitability of your business.
For more information tips advice and support subscribe to BusinessRiskRV.com for free alerts to business news, risk analysis and business reviews
It’s a big world out there! A lot of people or other businesses need what you are offering. They just need to know why you are the better than your competitors at delivering what you are offering.
We are working with like-minded individuals around the world to create new business opportunities for everyone on the bus.
Use our tools and techniques to boost your business opportunities around the world. We can help you develop new income in your normal markets but we encourage you to look beyond the norm and aim for global domination!
Horizon scanning will give you more time to be proactive and have less need to be reactive
BusinessRiskTVs network of business partners and clients are collaborating to protect businesses better and grow faster. Stress testing the world economy in cooperation with like-minded individuals will break down threats into manageable portions that the network members can then digest more manageably.
Our scenario planning consultants will help business leaders and entrepreneurs analyse global risks to assess the impact on network members. They will look at political economic social technological legal and economic risk factors affecting specific countries or industries analysis the potential impact on business and identify better ways to manage threats and seize new business development opportunities.
Next Financial Crisis Will Come Cause Have Not Learnt Lesson From 2008 Financial Crisis
— Risk Management (@HolisticRiskMgt) September 15, 2018
Excess Steel Capacity Building Trade Wars
Excess steel capacity should be dealt with in a global forum for the problem to avoid an escalation of trade disputes according to OECD following USAs plans to introduce import tariffs on steel.
Leaders of G20 advanced economic countries set up the Global Forum on Steel Excess Capacity in September 2016 to deal with the problem and charged the Organisation for Economic Cooperation and Development OECD to facilitate its work.
Biggest Most Developed Countries Including G20 Unemployment Back To Pre-Financial Crisis Levels
Joblessness across 35 OECD countries fell to 5.6 percent in October 2017 down from a peak of 8.5 percent in 2010.
The network will work on specific projects in a coordinated way to aggregate business assets and share benefit outcomes.
The 4th industrial revolution is about to turn the automotive industry upside down rip up traditional business models and will come out the other side better and stronger but very different.
Many new features in cars and other vehicles that took a decade to normalise across the industry will need to be incorporated in a few short years. The automotive industry as always evolved but a revolution is under way.
The pace of change within components that do or could go into vehicles is fast but the pace in which the automotive industry is changing is breath-taking, and its accelerating!
The world’s auto industry will have more customers demands to meet, but what are they going to deliver and when? Automated vehicles powered by renewable energy is nothing new. How quickly can society keep up with what is possible on the roads? Will automotive industry take to the skies! Will we get into autonomous vehicles AV and literally fly to work whilst playing computer games! Will the automobile get swallowed up whole by Google Apple and Sony?
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3rd October 2018 GM and Honda New Project
General Motors and Honda have announced a partnership to develop and build an autonomous multi use vehicle together.
13th June 2018 VW Fined 1 Billion Euros By German Prosecutors
Volkswagen has been fined by German prosecutors for diesel emissions scandal. VW has already been fined by other countries for cheating the tests for diesel emissions. VW has agreed to pay more than 4 billion dollars to resolve criminal and civil penalties for installing illegal software in diesel engines to cheat USA anti pollution tests.
15th March 2018 Auto Parts Maker New Strategic Direction
20th February 2018 Ford Aims To Set Up German Bank To Offset Any Brexit Risk
Ford wants to set up a bank in Germany in late 2018 and has applied for a banking licence as part of Ford’s strategy to mitigate any risk from Britain leaving the European Union after the Brexit vote in June 2016.
Ford Credit Europe will remain headquartered in Britain and the new bank plans will not result in job losses or significant changes to where employees are based.
Understanding global risks is important for all business leaders. Identifying and assessing the global risks in 2018 is not a once a year task.
In addition the risks that could threaten some businesses could present an opportunity for your business to grow faster but if you miss the start of the opportunity you could miss the boat entirely or fail to maximise the potential rewards from the opportunity.
Unlike other less dynamic reporting systems companies or entitys BusinessRiskTV will provide you with regular risk reports to help you manage enterprise risks more proactively to mitigate threats to your business better and seize new business development opportunities earlier.
In short, BusinessRiskTV is less about looking back and offering expert risk reports with hindsight and more about looking forward with more dynamic forecasts backed up with practical risk management solutions for both the upside and downside aspects to global risks as it affects your business wherever you are in the world.
BusinessRiskTT will reduce the effort required to identify what your business needs to do next after assessing the magnitude of the risk to your country or industry in easy to understand language.
Subscribe to BusinessRiskTV Global Risk Report Service today and enter code #GLOBALRISKREPORTSUBSCRIPTION.
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Inform your business decision-making from expert panel and member discussions and sign up for innovative business development online workshops from anywhere in the world where business innovators operate.
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6th March 2019 OECD Cut Forecasts Global Economy In 2019 And 2020
The OECD has already downgraded global economic growth forecasts in November 2018.
The Organisation for Economic CoOperation and Development OECD forecasts world economic growth of 3.3 percent in 2019 and 3.4 percent in 2020.
25th February 2019 Hopes Rise For More Global Trade
President Trump has decided to delay raising tariffs on Chinese goods. This has encouraged a brighter outlook on global trade. Hopes are rising that America and China will agree a trade deal which will support an increase in global trade.
9th January 2019 World Bank Forecasting 2.9 Percent Global Economic Growth For 2019
The World Banks assessment of global risks in 2019 has led it to conclude the global economy will continue to slow in 2019 and 2020. Global economic growth in 2020 has been pitched at 2.8 percent.
Risk factors include
2nd January 2019 Slower Global Economic Growth In 2019
Global economic growth will slow if the hangover from 2018 continues in 2019.
In addition if political risks ease or reverse the global economy could actually receive a boost. For example there are indications that China is prepared to do a deal with USA. If this happens then 2019 could become a lot more positive.
14th December 2018 Weak China and Europe Economic Data Reported
Worries of continuing global economic slowdown spread to stock markets around the world.
The Euro zone economy is expanding at slowest pace in over four years due to global trade restrictions and particularly poor economic performance in France.
21st November 2018 Trade Disputes and Higher Central Bank Interest Rates Are Slowing Global Economy
On the positive side there are currently no signs of a sharp economic downturn according to the Organisation for Economic Cooperation and Development OECD.
The OECD is currently forecasting that global growth would slow from 3.7 percent this year to 3.5 percent in 2019 and 2020. It had previously projected 3.7 percent for 2019.
13th November 2018 Global Growth Is Slowing
According to the International Monetary Fund IMF a number of the bigger economies are slowing and they could suddenly contract should there be a major risk event.
Key global growth risk factors include
The IMF forecasts global growth for 2018 to 2019 to remain at its 2017 level of 3.7 percent but the growth outlook for a number of major economies has been marked down.
— Risk Management (@HolisticRiskMgt) October 22, 2018
— Risk Management (@HolisticRiskMgt) September 13, 2018
17th April 2018 Global Economic Growth 3.5 Percent
Institute of International Finance IIF forecasting faster global economic growth. IIF increased global economic growth for 2018 to 3.5 percent. Much of the increase in growth down to USA tax cuts. These will not only power USA growth but global growth.
16th March 2018 Global Growth Strongest In 7 Years
According to the Organisation for Economic Cooperation and Development OECD global economic growth is growing faster than at any other time in last 7 years. It is forecasting economic growth at 3.9 percent for 2018.
Threats to global economic growth include growing trade war between most other countries and USA as well as other geopolitical issues like Russia v EU / UK, North Korea and the ever present tensions in Middle East.
14th March 2018 A Credit Rating Agency Fitch Has Suggested Global Economic Growth Is Strong and Accelerating
Global economic growth is rising faster now than it has for around a decade.
Unemployment is falling, money is still cheap in most parts of the world and corporate investment is strong.
Fitch is forecasting global economic growth of 3.3 percent in 2018 and 3.2 percent in 2019. Last year it was 3.2 percent according to Fitch.
27th February 2018 You Should Be Optimistic About Your Future
Global growth prospects for 2018-19 are improving and accelerating. Most parts of the world are looking to a better 2018 than 2017 in terms of economic growth and 2017 was one of the best year’s for growth in close to a decade.
Not every business will take advantage of increasing global economic growth, just like not all businesses went bust during the financial crisis starting in 2007 to 2008. The rising tide of business opportunities creates the environment for your business to grow much faster in 2018.
Corporate business leaders in UK who look for new business development opportunities will find them.
If you do not think you have time to explore business growth opportunities, you may get the opportunity to reflect at your leisure after your business collapses. Those companies that fail to grow may find they contract or even fail to survive.
7th February 2018 International Monetary Fund Chief Economist Says Global Economy Growing Faster
The IMF’s chief economist is reported as saying that world economic fundamentals are strong. There is increased trading and more business investment. As a result major economies are the world are growing faster than expected. He sees very broad-based global growth.
2nd February 2018 BusinessRiskTV Forecasts The Economic Forecasts Will Get Global Growth Wrong For 2018
Many economists are forecasting around the 4 percent mark for global economic growth in 2018. BusinessRiskTV forecasts this will underplay the global economic boom that is set to happen in 2018.
If a major global event occurs like World War 111 then growth will be slower but if World War 3 happens we will not care about economic forecasts any longer! Such geopolitical risk events aside we can look around the world and see great news unfolding:
We’ll look back on 2018 as the real start of the 4th Industrial Revolution as many new developments will turn into fast growing businesses and global productivity will start to increase overcoming the bad old days of doing business.
8th January 2018 Global Economy Forecasts: Increasingly More Positive Business Outlook
Previously poorly performing eurozone helping to drive more upbeat global economic outlook.
A survey for Sentix index indicated eurozone business leader confidence is at its highest level since August 2007. The global economy in all regions is looking more positive.
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— Risk Management (@HolisticRiskMgt) May 31, 2017
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— Risk Manager (@ERMuk) June 7, 2017
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8th October 2017 International Monetary Fund IMF Managing Director Says We Need More Training
Business leaders need to invest more to overcome a recent lack of training in risk management skills and tools to seize new business growth opportunities from the internet. This is especially important with a growing skills shortage in the UK.
— Risk Manager (@ERMuk) June 10, 2017
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BusinessRiskTV presents the Brexit Risk Watch to identify assess and provide recommendations on the threats and opportunities to business from the Brexit vote in June 2016.
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Read our latest analysis on the consequences of Brexit. What is your Brexit risk assessment? How do you seize the opportunities a Brexit will present to your business? How do you mitigate the threats from Brexit? Only a careful, positive risk management approach will ensure that Brexit will work well for everybody in the UK.
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Brexit Risk Assessment for Small Medium Sized Businesses in UK. Come back for more Brexit news opinions debates and business risk reviews. You can receive Brexit Breaking News Reports and Features on your smartphone tablet pc or TV.
22nd March 2019 No Deal Brexit Most Likely Outcome Of All Most Unlikely Outcomes
The UK is entirely fragmented politically. Each fragment has hurried off to respective camps and are digging in instead of looking for compromise.
Theresa May seems to have grabbed defeat from the jaws of victory after blaming UK MPs for Brexit logjam. Almost anything is now possible as the fragments of the UKs political community are resisting any coming together.
Many now believe Mrs May will take the UK out with a no deal Brexit next week but whether she will be allowed to do that by the UK parliament remains to be seen.
Brexit uncertainty has never been higher but next week it will continue to increase not reduce.
21st March 2019 Next Says No Deal Brexit Would Bring Lower Prices In Shops
21st March 2019 No Deal Brexit Would Significantly Harm European Union EU
Barclays bank Chairman John McFarlane says a no deal Brexit would significantly hurt the European Union economy and a deal on financial services between Britain and the EU is likely whatever form Brexit takes.
19th March 2019 Theresa Mays Brexit Deal More Likely After Speaker Of House Of Commons Intervenes Into The Brexit Process Again
Yesterdays spanner in the Brexit process works by the Speaker of the House Of Commons has made it more likely that the UK Prime Ministers Brexit deal will somehow be approved. Where there is a will there is a way.
If this is the case then the UK economy will be boosted. The boost will come from private investment and massive public spending Brexit dividend promised by UK Chancellor. The downside risk is that the boost to UK economy will also accelerate UK interest rate rises.
The Brexiteers need to fall in behind the current Brexit deal or suffer no Brexit or softer Brexit.
14th March 2019 Third Meaningful Vote Expected Within A Week
Theresa May will try third time to get her EU withdrawal deal through Parliament. She is hoping to win over more Brexiteers on basis that they if they do not back her Brexit deal they will endure at best a long delay on getting Brexit or not get Brexit at all.
The UK government will at the very least need to ask the EU for a short delay on Brexit as there is not enough time to get Brexit through assuming Mays deal does get approval in the next week.
Last night an updated motion to reject a no deal Brexit under any circumstances was passed by 321 to 278 a majority of 43. Whilst not legally binding it is clear that parliament will find a way to prevent no deal Brexit ever happening.
Brexiteers realise they now face the likelihood of exiting the European Union EU via Mays Brexit deal on the table or softer Brexit like Norway Option or no Brexit. Which way will they jump in next week!
13th March 2019 UK Government Announces Tariffs On Imports Post No Deal Brexit
Most UK imports by value will not attract a tariff in the event of a no deal Brexit. Tariffs would protect some industries including farm produce. Such a change in UK imports is likely to increase the competitiveness of non European Union imports compared to EU imports though most EU imports would also be tariff free.
Tariffs on cars imported to UK would attract a 10 percent tariff though car parts would be tariff free.
The UK government also announced that it will not introduce any new checks or controls or require customs declarations for nearly all goods moving from across the border from Ireland to Northern Ireland in the event the UK leaves the EU without a deal.
12th March 2019 Theresa May Says She Has Legally Binding Changes To Her Brexit Deal
European Commission President Jean Claude Juncker warned if the deal was voted down there was no third chance to change a deal that could be agreed by both parties.
Hard line Brexiteers will not agree to anything short of no deal Brexit. Hard line Remainers will not agree to anything short of another referendum. It looks likely that the Second Meaningful Vote on the Brexit deal on the table will fall by less of a margin but how much of a margin is unclear.
Taking a balanced risk view of the short to long term the UK parliament should fulfil the decision of the British people to leave the European Union on the revised Brexit Deal. Should the UK legislators fail to vote to approve the Brexit deal the UK will be thrown into a crisis of government politics and business.
Business leaders will not know whether the UK will ever leave the European Union or whether it will end leaving with no deal. There may be one more Third Meaningful Vote before the end of March 2019. This is the most likely outcome of the developments this week. What the outcome of a Third Meaningful Vote will be is anybodies guess! However it will be incredibly close on whether the revised Brexit deal will eventually be voted through by the UK parliament.
If the revised Brexit deal is not voted through and Brext with no deal is taken off the table then there must be a General Election in UK to revise the make up of the UK parliament. Then the new parliament must work on a revised Brexit deal. To revisit the Referendum before the last Referendum result has been implemented would create greater social and political damage which would continue for longer. Not only is it likely to result in a call for a third Referendum result but it would lead to another Referendum on Scotland leaving the UK.
All of these options would create greater chaos for business and economy for years. The only option which will protect short to medium and perhaps long term business environment is to accept the Brexit deal currently on the table.
15th February 2019 Retail Sales Jump More Than At Any Time Since December 2016
The Office for National Statistics ONS reports the amount of goods sold rose by 4.2 percent in January year on year the biggest annual rise since December 2016.
UK consumers show that record employment levels and rising standard of living will keep them spending regardless of Brexit. Wages continue to outstrip inflation indeed as inflation rate slows and wages increase faster the UK standard of living is accelerating.
— Risk Management (@HolisticRiskMgt) January 8, 2019
27th December 2018 French Constriction Group Shows Confidence In UK Economy Post Brexit Deal or No Deal
French construction group Vinci is buying a majority stake in Gatwick airport for 3 billion pounds. It is expecting Gatwick airport to be busier than it is now whether Britain leaves the European Union EU with a deal or without a deal.
Gatwick is already the UKs second biggest airport and the 8th busiest airport in Europe by passenger numbers. However Vinci Airports will need to get significantly more than 3 billion pounds out of Gatwick purchase before it can start to turn extra value out of the investment. Where will it come from if Brexit crashes the UK economy?
26th November 2018 Brexit Plan B Most Likely End Destination For UK EU
The Sun newspaper is reporting behind the scenes discussions at UK government level to agree an EU UK Plan B when Plan A fails to get approval in the UK parliament.
Norway EFTA Plus deal most likely end result of Brexit negotiations by March 2019?
Plan B is for the UK to join the European Free Trade Association EFTA. The Sun says government Secretaries on Remain and Leave side of the argument Michael Gove and Amber Rudd are trying to set up the UK joining EFTA temporarily enroute to eventual full Brexit.
The EU says there is no other deal it is prepared to sign.
Maybe UK political uncertainty has not yet peaked!
25th November 2018 EU27 Endorsed Withdrawal Agreement and Political Declaration on the future EU UK relations following Brexit In March 2019
EU leaders have approved an agreement on the UKs withdrawal and future relations. The EU27 say that deal agreed by the remaining 27 European Union EU countries is the only deal that is and will be on the table. Future relationship includes
The rubber stamping of the deal took less than 40 minutes at the meeting of EU27 leaders. However 20 months of negotiations is now at an end according to EU27 leaders and UK.
The agreement has yet to be agreed by the UK Parliament. The UK is scheduled to leave the EU on 29 March 2019. European Commission President Jean Claude Juncker said anyone in Britain who thought the EU27 bloc will offer improved terms if MPs rejected the deal would be disappointed.
The UK Parliament is expected to vote on the deal in early December. If the deal fails to get through the UK parliament it is likely that the UK Prime Minister will resign and then all bets are off. Possibilities could include
No politician in UK parliament or who has left parliament or any political commentator knows for definite what will happen if the UK parliament does not back the EU deal on the table. However most say that the EU deal will not get UK parliament approval ever.
The least damaging route in short term is for the UK parliament to back the EU UK deal on the table. Whether that is in the long term interests is not clear. The only thing that is certain is Brexit uncertainty is reaching its peak.
— Risk Management (@HolisticRiskMgt) October 30, 2018
19th October 2018 View Of Brexit From German Industry
German industry association BDI has warned that both German and British companies are staring into an economic abyss if there is a no deal Brexit.
The remaining EU27 countries export more to the UK than any other country. More than to China or USA.
Germany exported 84 billion euros worth of goods to the UK in 2017.
— Risk Management (@HolisticRiskMgt) October 14, 2018
14th October 2018 No Deal Brexit Would Not Be Disaster
According to UK industry leading CEO a no deal Brexit would not be a disaster for the UK economically.
Next Plc chief executive Simon Wolfson was speaking to BBCs Andrew Marr when he concluded that although a no deal Brexit would not be the ideal outcome it would not be a disaster for the UK economy. He did encourage all UK business leaders to get prepared for a no deal Brexit. He feels that such preparations would help the UK government secure a good deal with the European Union EU.
— Online Manager (@RetirementMag) September 16, 2018
19th July 2018 International Monetary Fund IMF Reports On Effect Of Brexit On Europe
A no deal Brexit could reduce the whole European Unions EU economic growth by 1.5 percent.
A soft Brexit with the UK out of the customs union but retaining access to the single market and agreeing to abide by EU rules would imply almost zero cost for the EU as a whole IMF Report.
9th July 2018 Brexit Secretary and Foreign Secretary Resign Over Brexit
David Davis Brexit Secretary and Boris Johnson Foreign Secretary resign from UK government over the Brexit policy decisions taken by Prime Minister Teresa May.
29th June 2018 Exports Goods and Services At Record High and Trade Gap Narrows
Trade figures released by UK government revealed that in the 12 months to March 2018 UK exports were at an all time high.
EU countries represent around 40 percent of all exports from UK.
Research from Barclays Corporate Banking found that around two thirds of consumers in India and China and around half of consumers in the UAE were prepared to pay more for goods made in the UK because they perceive the quality as higher.
The trade deficit with the world continued to narrow to 80 billion pounds which is the narrowest UK trade deficit since 2012.
13th June 2018 Global Tech Companies Are Confident In UK Economy
Tech company Salesforce have voted in the UK with their 2.5 billion dollars of their money by announcing a massive investment in the UK over next 5 years. It clearly thinks it can grow further in UK and it could not do that unless the UK economy is strong.
11th June 2018 Where In The World Got The Highest Foreign Investment in 2017?
Despite Brexit the UK is still the place most overseas investors want to invest their money compared to rest of Europe.
23rd April 2018 – Financial Services Increasingly Confident In Brexit
The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London’s hopes of retaining its status as a top global financial centre.
Many in the City Of London now believe the remaining European Union EU members will go for easy access to financial market in London based on increased equivalence to prevent disruption to business anywhere in EU.
4th April 2018 – Peugeot Plans New UK Van Production In Luton
Vauxhall plant in Luton chosen by PSA Group to manufacture a planned new van. This demonstrates confidence in UK of a major automotive maker post Brexit.
19th March 2018 – UK and European Union EU Agree Terms For Brexit Transition To UK’s Withdrawal From EU
Brexit negotiators Michel Barnier and David David announce they have agreed term for a transition period in a major breakthrough “decisive step”.
The transition period will run from 29th March 2019 to December 2020 and may lead to the orderly withdrawal of the UK from EU.
In addition, there was also an agreement on the rights of EU citizens in the UK and the rights of UK citizens in the EU.
EU member countries have still to sign-off the agreement on the transition period, perhaps at an EU summit this week. If the EU members agree, then the negotiators will move on to discussions on a permanent future relationship agreement by August 2018 with a view to Brexit in March 2019.
The financial markets liked what they heard and the pound jumped in value.
— Online Manager (@cheeringuptv) March 2, 2018
27th February 2018 Small Medium-Sized SME Factories Sales Expectations Near 3 Year High
Sales expectations of SME factories in UK are near 3-year high due to strong global economy growth and low value of the pound.
National Manufacturing Barometer survey has revealed manufacturing to be the fastest growing sector of Britain’s economy in the final quarter of 2017.
The survey also revealed that more than half of SME manufacturers plan to invest in plant and machinery over the next 6 months. SME manufacturers in UK are more confident in their prospects in 2018 than they were in 2017.
The National Manufacturing Barometer surveyed 320 companies in January 2018
26th February 2018 Two Labour MPs Discuss Brexit Negotiations
— cheeringup (@cheeringup) February 21, 2018
17th January 2018 Deutsche Bank Only Moving Hundreds Jobs Out UK Not Thousands Post Brexit
Deutsche Bank is headquartered in Germany had has told reporters that it will not need to move thousands of UK jobs to the continent post-Brexit. Stefan Hoops, head of Deutsche Bank’s capital market division in Germany explained that they would need to move fewer staff than many have said in the past. One executive previously said 4,000 staff would need to move but the numbers would actually be in the hundreds.
16th January 2018 Bank of England Thinks Free Trade Deal With EU Including Financial Services Post Brexit Is Possible
It may take three years or more, but contrary to the EU’s chief Brexit negotiator, Michel Barnier, it is possible if the remaining EU27 are prepared to agree such a free trade deal with UK.
Sam Woods, the Bank of England’s deputy governor in charge of Prudential Regulation Authority PRA says a three period to agree a free-trade agreement including financial services could happen because unlike other countries seeking such a free-trade deal, the UK’s financial services are already aligned in terms of financial services rules and supervision.
Sam Woods comments came during his appearance in front of MPs on the Treasury Select Committee.
8th January 2018 City Of London Says Brexit Job Loss Fears May Have Been Exaggerated
The City Of London EU envoy, Jeremy Browne, has been reported as saying that banking, insurance and asset management job losses to the European Union (EU) may not be as severe as suggested by many including the UK’s ex-Chancellor and now editor of Evening Standard.
It may end up for quite a lot of them being a bit less dramatic that it might appear Jeremy Browne told a press briefing in London.
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Most people were shocked, but that doesn’t mean the implementation of the Brexit vote will be bad for business.
The UK may yet not leave the European Union EU. Great forces will try hard to stop the democratic vote of the people being fully implemented. The people may even change their minds. Anything is possible.
Increased risk means increased opportunities for growth as well as increased threats.
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