P&J Business Briefing – Economic Forecast

P&J Business Briefing – Economic Forecast

Britain’s economy has been under significant strain over the last 12 months and with our exit from the EU looming it’s not likely to rally any time soon.

The economy contracted for the first time in seven years during the second quarter of 2019. A combination of Brexit-related uncertainty, stockpiling ahead of the original exit date and global trade tensions all led it to shrink by 0.2 per cent compared with the previous three months.

That, coupled with the ever declining rate of the pound is making it a tough time for UK and Scottish businesses.

And while no one can predict what will happen on October 31 this year –  whether we leave without a deal, leave with a deal or continue to remain until an agreement is found –  we hope to help some of you better prepare yourselves for the unexpected as we host the second in our business breakfast series, in partnership with Deliotte and Turcan Connell.

The Economic forecast, on October 2, will hear from Debapratim De, senior manager at Deloitte and David Rennie, head of partnerships at Scottish Enterprise and provide advice and insight into how to better prepare for the UK’s divorce from the EU and what we might expect to see happen to our businesses and indeed the economy in the future.

For further information please contact Carrie McGill on cmcgill@dcthomson.co.uk or 0141 567 2765.

Key Dates

2 Oct 2019 P&J Business Briefing - Economic Forecast

Itinerary

07.00: Breakfast Reception, Registration & Networking
07.30: Welcome from Rebecca Buchan, Business Editor, Press & Journal
07.40: Guest Speakers
08.30: Panel discussion
08.50: Q&A
09.10: Closing remarks
09.15: Coffee & Networking

Chair

  • Paul Macaulay, Partner, Turcan Connell

    As a graduate of the University of Aberdeen, Paul joined Turcan Connell in 2005 and specialises in the areas of trusts, asset protection and succession planning. He advises private clients, family businesses and landowners on a broad range of issues including capital taxation and estate planning, asset protection, trust and succession law, with a particular focus on inheritance tax and capital gains tax planning for individuals and trusts. Paul is a Notary Public, a member of the Society of Trust and Estate Practitioners (STEP), and has gained the STEP Advanced Certificate in Family Business Advising.

Speakers

  • Debapratim De, Senior Economist, Deloitte

    Debapratim De (Debo) is an economist at Deloitte. He advises clients on macroeconomic developments in the UK and other advanced economies, and is an author of the Deloitte CFO Survey. Prior to joining Deloitte, Debo was a researcher in cryptography and applied mathematics at Microsoft. He was educated at BITS, Pilani in India and at the London School of Economics.

  • David Rennie, Head of Partnerships, Scottish Enterprise

    David Rennie has worked for Scottish Enterprise for almost ten years and has recently taken on a new head of partnerships role focused on Aberdeen City and Aberdeenshire.  This role has a focus on working with key partners on matters such as the City Region Deal; helping to develop and deliver key strategic projects for the area and ensuring that our relationships with key partners in the public and private sector are strong and productive.  Previously David was head of oil and gas at Scottish Enterprise and the energy sector will continue to be an important part of his new responsibilities. This change in role emphasises the national economic agency’s commitment to place and regional economic development.

    Previously, his role as head of oil and gas included developing our approach to supporting the subsea industry in Scotland, through the Subsea Action Plan, also in areas such as decommissioning as well as engaging with key companies and stakeholders in the sector.  As part of this work he also sits on the board of Subsea UK, the Technology Leadership Board (TLB) and the Oil and Gas Innovation Centre (OGIC).  He was also a member of the Scottish Government Energy Jobs Task Force which ran from 2015 to 2017. Previously through the Scottish Oil and Gas Industry Leadership Board, he was the main author of a strategy document for the Oil and Gas industry in 2014, which reflected its importance to Scotland.

    Prior to working at Scottish Enterprise David Rennie worked as an economist for Scottish Government, Welsh Development Agency and he has also held key roles in the private sector. Born and raised in Aberdeenshire, he is passionate about sport (Aberdeen FC), music and friends and family – not necessarily in that order.

  • Professor Graeme Roy, Head of Economics, Fraser of Allander Institute

    Professor Graeme Roy is Head of Economics and Director of the Fraser of Allander Institute (FAI) at the University of Strathclyde. For over 40 years, the FAI has been a leading independent research institute focused on the Scottish economy. Alongside its academic work, the FAI undertakes a wide variety of commissioned analysis for companies, organisations and governments ranging from strategy or forecasting work through to detailed economic impact assessments.

    Graeme is a former Senior Civil Servant in the Scottish Government where he was both a Senior Economic Adviser and Head of the First Minister’s Policy Unit. He is a graduate of the Universities of Glasgow and Edinburgh. He is a member of the UK Government’s Scottish Business Taskforce, the Scottish Government’s Labour Market Strategy Group and the Glasgow Growth Commission. He was expert adviser to the Scottish Parliament’s Economy, Jobs and Fair Work Committee for its inquiries into economic statistics in Scotland and Scotland’s long-term economic performance.

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