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News & Policy

BABC member Verus shares Sound Thinking: Balancing Paranoia and Complacency

BABC member Verus shares their latest Sound Thinking. CIO Ian Toner explores the current economic expansion through the lens of basic human instincts of paranoia and complacency. Successful investment is about balancing these two instincts, as they both have a place in the decision making and information assessment process that we apply as investors. How long will the expansion last? Real GDP growth figure provide no evidence of excesses that might traditionally lead to a reversal to the downside. The level of unemployment relative to the labor force participation rate is still low. While there are plenty of events that could derail economic growth, current evidence suggests that concerns ov

BABC in the Community: British-American Business Connections Contributes to Lasting Impacts for Teen

In late February 2018, British-American Business Connections (BABC-PNW) had the honor of presenting regional nonprofit, Teens In Public Service (TIPS), with a $1,000 charitable donation, contributing to their mission of producing future leaders committed to their communities by connecting teens with life-changing opportunities and internships at nonprofit organizations. Selected as BABC-PNW’s regional charitable partner in 2017, TIPS was founded in 1997 with a goal of offering meaningful paid summer jobs to young teenage leaders. Through its Summer Internship Program, TIPS provides paid positions for enrolled, high school youth at local nonprofit organizations. The internships offer teens pr

British-American Business Connections (BABC-PNW) Appoints Portland Business Executive to its Board o

Richard Biggs, Managing Partner at Atlantric, expands the organization’s regional footprint Seattle, Wash., March 22, 2018 – The Pacific Northwest chapter of British-American Business Connections (BABC-PNW) today announced the appointment Richard Biggs to its regional board of directors, adding valued business consulting expertise to its government leadership and helping expand the organization’s footprint into the Portland business market. As the managing partner of the international consultancy Atlantric, based in Portland, Ore., Richard brings his expertise as an international business development expert, former CEO, and serial entrepreneur to BABC-PNW. Richard has held senior positions a

BABC member Virgin Atlantic unveils three new ways to fly economy

BABC member Virgin Atlantic has announced the launch of three new ways to fly economy as part of a multi-million pound investment in the cabin for the 21st century traveler. Options include 'Economy Delight’, ‘Economy Classic’ and ‘Economy Light’ tickets. The three new ways to fly allow customers to choose the product that suits their budget and travel style – but never compromise on food and drink, unrivaled service and in-flight entertainment. Read the full announcement.

Join BABC in supporting Red Nose Day USA

During the months of March, April and May, the Pacific Northwest chapter of British-American Business Connections is putting on our red noses in support of Red Nose Day USA. Launched in 1985 in the UK, Red Nose Day helps kids and young people most in need here and around the world. Globally Red Nose Day has raised over $1B and since 2015, Red Nose Day in America has raised over $100M. We invite you to join us in this effort and contribute to make an even bigger impact. Whether you donate $5 or $500, every little bit helps. Companies wanted! Have fun and support a great cause. Get your company involved in Red Nose Day. Contact us to learn more. Thank you for your support. Find more informatio

Financial experts talk venture capital, emerging markets, Brexit, trends, tariffs and more with Puge

On Thursday, March 15 a panel of financial experts addressed business professionals representing a broad range of industries from across the greater Puget Sound region, sharing insights and perspectives on the regional, national and global economies. Hosted by British-American Business Connections (BABC-PNW and formerly the British-American Business Council – PNW) the event was presented by Verus in partnership with GCI and held at the Seattle Metropolitan Chamber of Commerce. Expert speakers included: Ross Allen, Director North America, UK Department for International Trade Aya Hamilton, Managing Director, Goldman Sachs Len Jordan, Managing Director, Madrona Venture Group Ian Toner, Chief I

Congrats to BABC Patron member Delta Air Lines, named among Fast Company’s Most Innovative Companies

BABC congratulates its Patron member, Delta Air Lines, who was named named one of Fast Company's Most Innovative Companies Worldwide in 2018 this past February. The airline's use of RFID technology to track customer bags in real time earned it the No. 6 spot among travel companies. Delta's airport biometrics partner CLEAR, in which the airline owns a 5 percent equity stake, also made the list at No. 8. Read the full article.

Spring Statement 2018: what you need to know

The Spring Statement gives people and businesses certainty and stability to plan for the future Major tax or spending changes will now be made once a year at the Budget in the Autumn. The Spring Statement: gives an update on the overall health of the economy and the Office for Budget Responsibility (OBR) forecasts gives an update on progress made since Autumn Budget 2017 invites people and businesses to give views on changes the government is considering Read what you need to know.

Key U.S./UK Trade and Investment Areas Highlighted in BABC 2018 Policy Agenda

Seattle, Wash., March 12, 2018 – The Pacific Northwest chapter of British-American Business Connections (BABC-PNW) today shared a new policy agenda, Strength and Opportunity in a Time of Change, released by parent organization British-American Business Council (BABC), the largest transatlantic business network across North America and UK. The development of the Policy Agenda was led by BABC-PNW’s sister chapter, BritishAmerican Business, and outlines broad, horizontal issues that need to be addressed by policy makers as a means of protecting and enhancing trade and investment between the USA and the UK. The Policy Agenda underlines the importance of trade and investment between the US and UK

Congressman Derek Kilmer and Ron Wild welcomed by BritishAmerican Business

Congressmen Derek Kilmer (WA-6) and Ron Kind (WI-6) along with colleagues from the British Embassy in Washington D.C. and the House Appropriations and House Ways and Means Committee were welcomed by BABC's sister chapter BritishAmerican Business (BAB). The Congressmen, Co-Chairs of the House UK Caucus and New Democrat Coalition who focus on trade, heard from BAB members on the challenges Brexit is presenting to transatlantic business and gave updates on NAFTA negotiations and the recent US Tax Cuts and Jobs Act.

Select USA Investment Summit is June 20-22: Investors of all sizes welcome

Join SelectUSA to make the connections your business needs to achieve! BABC globally is proud to support this important initiative and to count SelectUSA as one of its strongest partners. The United States welcomes investors of all sizes, including established multinationals, small or medium-sized enterprises, and high-growth startups to its SelectUSA Investment Summit 2018. The SelectUSA Investment Summit brings the diversity of the United States together under one roof – enabling any business to find the people, the resources, and the market it needs to be successful. This signature event provides an unparalleled opportunity to bring together companies from all over the world, economic dev

Letter from BAB/BABC CEO on U.S.-UK negotiations featured in Financial Times

A letter from BAB/BABC CEO Duncan Edwards was featured in the Feb. 8 issue of the Financial Times in which he calls for the UK to be allowed to begin discussions and negotiations with the United States on a potential future trade agreement during the transition period. Recognising the power of the relationship between the UK and the US, the largest UK-single country trade relationship, Duncan said given how long negotiations tend to last, it is better to start now than wait. Read the letter.

Across the Pond – British Trade and Investment Success Stories 2nd Edition Now Available

The second edition of Across the Pond - British Trade and Investment Success Stories was released by BABC sister chapter, BritishAmerican Business. The publication, produced in partnership with the British Embassy in Washington D.C., shines the spotlight on UK companies of all sectors and sizes who have 'crossed the pond' to the US and helped grow their business. Read Across the Pond.

BABC Member Tool Gauge and CEO Debbie Lee featured in PSBJ

In case you missed it, BABC Member Tool Gauge and it's CEO, Debbie Lee, were featured in the February 23 issue of the PSBJ. Debbie climbed the ladder to become CEO in 2016, crediting her success to the promotion of good workers and her efforts to help others rise through the ranks. Read the full PSBJ story (subscription required)

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