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Month: August 2019

Wuliangye Reception

21st August 2019
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David Stringer-Lamarre, MD of FortisCL and Chairman of the Institute of Directors, London Region, was pleased to attend and speak at the Wuliangye Reception held at the Institute of Directors (IoD), Pall Mall. Wuliangye is a famous Chinese spirit tracing its history to at least the Ming Dynasty. David welcomed the many distinguished guests which…

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IoD responds to latest inflation figures

14th August 2019
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Responding to official inflation figures, showing that the Consumer Price Index (CPI) rose to 2.1% in July, Tej Parikh, Chief Economist at the Institute of Directors, said: “While inflation remains low, the slight pickup in the cost of living is a dampener for the economy. “The up-tick in prices will eat into wallets, but with the…

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IoD: ‘Jobs market still strong, but ‘may now be reaching its peak’

13th August 2019
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Responding to latest official labour market statistics, showing the unemployment rate rose to 3.9%, Tej Parikh, Chief Economist at the Institute of Directors, said: “The jobs market remains a source of strength for the UK economy, though it may now be reaching its peak. “High employment has proved a lifeline for the economy in a difficult period….

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IoD: ‘GDP figures a ‘rude awakening’ to the reality facing firms’

9th August 2019
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Responding to the latest official GDP figures, showing that the economy shrunk in Q2 by 0.2%, Tej Parikh, Chief Economist at the Institute of Directors, said: “Contraction in the second quarter is a rude awakening after the growth in the first three months of the year, and confirmation of the concerns businesses have been expressing about the…

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‘ERP Today Magazine’

5th August 2019
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David Stringer-Lamarre, MD of FortisCL, was pleased to see the launch of the ERP/Digital Group of the Institute of Directors, Central London Branch was featured in ERP Today. David attended and spoke in his capacity oas Chairman of the Institute of Directors, London Region. The image taken at the venue, the iconic Lord’s Cricket Grounds…

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IoD: ‘Bank right to hold interest rate, but ‘must not shy’ from pre-Brexit cut’

1st August 2019
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Responding to the Bank of England’s decision to hold interest rates at 0.75%, Tej Parikh, Chief Economist at the Institute of Directors, said: “With limited visibility, the Bank of England is right to err on the side of caution today by holding interest rates steady. “As it stands, the MPC still needs further clarity on the nature…

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