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UK Economic Fortnightly Brief


26th January 2012 

 

Summary:

- UK GDP fell by 0.2 per cent in the final quarter of 2011, bringing overall UK GDP growth during 2011 to 0.9 per cent. The IMF now predicts UK GDP growth will slow to 0.6 per cent in 2012.

- CPI inflation fell sharply to 4.2 per cent in December from 4.8 per cent in November. Further sharp falls are expected.

- China’s sovereign wealth fund investment in Thames Water confirms the UK’s position as the most popular European destination for Chinese inward investment.

 


 

Global Economic Update


27th January 2012

 

Includes further readings on the need for economic reform. In the first of the attached articles, Martin Wolf suggests ‘Seven ways to fix the systems’ flaws’, meanwhile Alan Greenspan in the second attached article argues that governments ‘Meddle with the market at your peril’. In the third article: ‘Fear may well save the Euro. Now for the politics of hope.’ Timothy Garton Ash makes the argument for European leaders to focus on the growth agenda.

 

 

 

Past Event Presentations & Speeches


His Excellency Rob Fenn speech - Lord Justice Laws Event, September 2010

BEDB Generic Powerpoint Presentation - Oil & Gas Trade Mission, November 2010.

More to be added soon!

 

 

 

 

 

 

 

 

 

 

 

 

Upcoming BBBF Ev


Tuesday 7th February 2012 - BBBF Committee Meeting

Time: 11:00hrs -12:00hrs

Venue: British High Commission

 

If you would like to join the BBBF, please contact: aprille.solis@fco.gov.uk.

 

 

 

Latest News - 10th January 2012

BBBF to Launch New Membership for Bruneian Students

The BBBF is looking to launch a new membership for Associate Members! Stay tuned! Associate Membership is exclusive for students currently studying, or have studied, in the UK that would like to be apart of the Britain Brunei Business world. Cost of membership is only $30 a year! Benefits and more details to come soon!

The BBBF has also launched their official Facebook & Twitter pages. You can now receive updates on upcoming events, coverage of past events, as well as Britain and Brunei business news and information. Find us on Facebook: 'Britain Brunei Business Forum,' and follow us on Twitter: BBBFonline.


Other News:

 


Latest Events


'BBBF High Tea on How a Nation's Research Base Can Help SMEs Grow'

Monday 21st November 2011

 

Left to right - Stephen Phillips, Shaikh, Yury Bikbaev, His Excellency Rob Fenn, Neil Gregory and Stuart Kemp.

The Britan Brunei Business Forum held a high-tea session on Monday 21st November in Kuala Belait. As part of recognising the  importance of SMEs and research, especially when it comes to diversifying Brunei's economy. A guest speaker was invited from the UK to help answer the question on 'how a nation's research base can help the growth of SMEs in the country.

Neil Gregory is a UK expert in harnessing the results of research for wealth creation. He was the Director of Research and Project Development at the London School of Economics (LSE) for 15 years, where his duties included the commercialisation of academic knowledge into new products and services. Currently, Neil is associated with Cambridge University's Institute for Manufacturing. He is particularly interested in reducing the amount of time that it takes for a scientific breakthrough to go from the laboratory to the marketplace.

Before joining the LSE in 1990, Neil served as an officer in the Royal Navy, prior to which he worked in investment banking in London. Neil has degrees in Industrial Economics and Business Law.

Neil was in Brunei to help the Brunei Research Council and its Chairman, the Minister of Energy at the Prime Minister's Office, develop further in how it supports and incentivises indigenous research capabilities for the future benefit of Brunei. That includes the role, which a research base can help with Brunei's economic diversification and local business development.

During his time in Brunei, Neil engaged with various stakeholders who will have key roles in taking this forward, not least of which is Brunei Shell Petroleum and through them the community of contractors and sub-contractors in the oil and gas sector.

With thanks to the British High Commission and Brunei Shell Petroleum who co-sponsoring the project, the BBBF has been very fortunate to be able to share this opportunity to learn from Neil some of the best practices in the commercial exploitation of research and what these may mean for Brunei's local business development.

Left to right - Chairman of BBBF Stuart Kemp, BBBF member Mark Grieves, Neil Gregory, Stephen Phillips and Shaikh.

Neil presenting presenting to various SMEs

BBBF members and attendees

Neil Gregory with Shaikh of Serikandi Sdn Bhd

 

 

       

Past Events  
 

Sept 2011

July 2011

 

 

May 2011

Feb 2011

Nov 2010

 

Sept 2010

Aug 2010

 

July 2010

 

June 2010

2009

Strategic Planning Talk & 'Energising Business'

BBBF Masterclass on Branded Customer Service

Beach Cleaning with British High Comm & the Beach Bunch

BBBF High Tea Talk with MIPR on SME Initiatives

BBBF Annual General Meeting 2011

British Oil & Gas Firms Inward Visit to Brunei & Professor David Hunt Talk

Lord Justice Laws Luncheon & Tea

'The Battle of The Empire' - BBBF vs FBBA Bowling Contest

Farewell Party for two BBBF committee members

Lunch & Dialogue with His Excellency Rob Fenn

Social Events of 2009


 

 

 

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