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Message from the President

Thursday, February 2nd, 2012

Dear BABC Members,

Happy New Year! The BABC closed-out 2011 with a bang as we celebrated our 20th anniversary holiday luncheon recognizing two decades of business prosperity, success and visibility on both sides of the Atlantic. Thanks to you, our members and friends, we continue to thrive and build upon the success of our strong organization. Despite challenging economic times we are happy our membership continues to grow, and we have an exciting line-up of timely, interesting, and educational programs and networking experiences in store for you in 2012.

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20th Anniversary Holiday Luncheon

Wednesday, December 21st, 2011

On Wednesday, December 14, 2011, the British American Business Council (BABC) of Greater Philadelphia hosted the 20th Anniversary Holiday Luncheon. Over 225 people gathered for the BABC’s milestone event in the Grand Ballroom of The Ritz Carlton, Philadelphia to celebrate twenty years of business prosperity, success and visibility on both sides of the Atlantic. This special event featured three remarkable speakers: Danny Lopez, Her Majesty’s Consul General and Director General Trade & Investment USA; Chrissie Wellington, Quadruple Ironman World Champion and current World Record Holder for the fastest time for all Ironman-distance races; and The Honorable Michael A. Nutter, Mayor of Philadelphia. The festive lunch was complete with the breaking of Christmas “crackers” and the raffling off of over 25 exciting prizes contributed to the BABC from local retailers, restaurants, hotels and spas. The raffle prizes went to the winners of the UK/US pop culture table trivia questions; the person who correctly Tweeted the answer to an online BABC social media challenge; and to the business card draw winners for two roundtrip Club World British Airways airline tickets Philadelphia/London, generously donated by British Airways – exclusive airline sponsor of the program, and a Cannondale Velo. City. Quick 5 bike, donated by Keswick Cycle.

All attendees greatly enjoyed Chrissie’s inspirational presentation, Danny’s remarks about the important UK/US relationship and London 2012, and the Mayor’s overall discussion about Philadelphia as an international destination for trade and commerce. The lively afternoon of networking, merriment, holiday fare and UK US Trivia raffle game was without a doubt, the party of the season!

Lead sponsors of the 20th Anniversary Holiday Luncheon were: British Airways, HSBC Bank USA, Philadelphia Insurance Companies, Philadelphia Triathlon LLC, and PricewaterhouseCoopers LLP.

The BABC 20th Anniversary Holiday Luncheon was covered by the press. To read the article that appeared in The Philadelphia Inquirer, please click here: http://www.philly.com/philly/business/20111215_Business_strategies__Cross-pollination_with_the_British.html

To read the article published by the British Consulate-General: New York, please click here: http://ukinusa.fco.gov.uk/en/news/?view=News&id=708514382

TO VIEW PICTURES FROM THIS EVENT, CLICK HERE

Driving the Bottom Line in a Digital Economy: Trends in Global Business Development

Thursday, October 6th, 2011

On Wednesday, October 5, 2011 the British American Business Council of Greater Philadelphia (BABC) hosted Driving the Bottom Line in a Digital Economy: Trends in Global Business Development, a business roundtable seminar. The BABC collaborated with six other international chambers of commerce – the Chilean, French, German, Irish, Israeli, and Swedish – for this special program. Over 100 people representing the seven groups participated in the event.

This timely and dynamic discussion about issues affecting the way we conduct business around the world was a tremendous success. Industry practices continue to change and evolve at an ever increasing pace. Business leaders and professionals across all sectors communicate with colleagues and clients in other time zones instantaneously, and the age of digital information both makes people’s lives easier, and more complicated. Panelists from leading global companies: SAP, Amdocs, ARAMARK and Taylor Wessing enlightened the audience about the topic, discussing how business practices have evolved during the past five years, and how even greater exponential growth is expected in the near term.

The discussion focused on understanding the importance of connecting globally, and staying ahead of the curve with respect to the technology being used for e-trade and commerce, digital media, and business operations. The seminar moderator was Matthew Iacoviello, Global Vice President, Global Customer Operations at SAP, and panelists were: John Fisher, Vice President, Ecommerce at ARAMARK Refreshment Services; Lisa Modisette, VP Strategy Consulting for Amdocs Consulting Division; and Graham Hann, Partner at Taylor Wessing, (an international law firm, based in the UK, France, Germany, Belgium, Poland, Dubai and China). The featured speakers explored: establishing a strategy and platform to access the global marketplace; considering key issues when conducting and offering global e-business opportunities; creating effective communication strategies and messages to reach and interact with partners and customers; and anticipating global structuring and legal issues. Moderator and panelist presentations covered how to facilitate business practices in the global economy, customer-centric strategies, technology, innovation, ecommerce platforms, B2B and B2C, telecommunications and the customer experience, digital services trends, social media, and international legal pitfalls. The question and answer session was dynamic and entertaining, with an emphasis on social media. Matthew from SAP astounded the audience when enlightening everyone with a rather unsettling but nonetheless interesting fact – today more people are using handheld devices than toothbrushes! This is certainly a sign of our times, and an obvious indication of the importance of digital devices.

Special thanks to Ian Cross, CEO, I-SITE, and Marketing and Communications Chairman for the BABC who worked with the moderator and panelists to develop the program.

Click here to view pictures from this event

British American Business Council of Greater Philadelphia Appoints New Executive Board Positions and Welcomes New Board Members

Tuesday, September 6th, 2011

PHILADELPHIA, SEPTEMBER 6, 2011— The British American Business Council (BABC) of Greater Philadelphia recently appointed a new Board President from Duane Morris, new Membership Co-chairs from Deloitte & Touche and TD Bank, and welcomed new Board Members from Aberdeen Asset Management, ARAMARK, GlaxoSmithKline, Philadelphia Convention & Visitors Bureau, and United Continental Holdings.

Hope Krebs, Partner, Duane Morris LLP, was named President of the BABC of Greater Philadelphia. Based in Duane Morris’ Philadelphia office, Krebs is an international tax partner and co-chair of the firm’s International Practice Group.

Charles Carrington, Partner, Deloitte & Touche LLP, and Todd Sturza, Managing Director and Team Leader, National Corporate Banking at TD Bank, N.A. recently assumed the role of BABC Membership Co-chairs.

New BABC Board Members include: Gary Marshall, Chief Executive Officer, Aberdeen Asset Management Inc.; Rob Williamson, Associate Vice President & Controller, ARAMARK International; Deborah Winter, Director, Tax Planning, Global Tax, GlaxoSmithKline PLC; Kathleen Titus, Executive Director of Tourism, Philadelphia Convention & Visitors Bureau; and Mary Ellen Burke, Director Regional Sales, Newark, United Continental Holdings.

UKTI’s Inward Investment Report

Monday, July 18th, 2011

Dear BABC Members,

I hope you are enjoying your summer and looking forward to attending the exciting programs we have planned for the Fall. In the meantime, I would like to share UK Trade & Investment (UKTI)’s recently released annual Inward Investment Report.

The report notes that there were 1434 foreign direct investment (FDI) projects undertaken in the UK last year creating nearly 95k jobs. The number of projects was down from the previous year – though still one of the highest figures ever-recorded – but the number of jobs associated with these projects (both created and safeguarded) is up. Two-thirds of the new jobs created came from existing investors.

The US remains by far the largest source of foreign investment in the UK, accounting for 388 (or 27%) of the UK’s total number of FDI projects which is more than the combined figure for the next four largest investors (Japan, India, Germany and France). US investments created or safeguarded more than 36,000 UK jobs (or 38% of the total number of jobs created or safeguarded). As with the global figures, the number of US projects was down from 2009/10 but the number of jobs created or safeguarded as a result of them was up.

Also available for your review is the press release that was issued regarding the report. You will see that this included a strong statement from the Prime Minister underlining the Government’s determination to ensure that the UK remains the go-to location for overseas companies. GE UK and HP Enterprise Services both contributed statements to the press material for the launch. GE praised the UK’s technology expertise, manufacturing sector knowledge and innovation. HP complimented the “UK’s deep pool of highly-skilled people and the positive environment for enterprise and innovation.”

We hope you find the material of interest and, as always, please feel free to contact us if you have any questions about the report or wish to obtain more information about investing in the UK.

You may access both the complete report and the press release via these links UK INWARD INVESTMENT REPORT 2010/11 & PRESS RELEASE . Both documents will be permanently housed on our website.

Best regards,
Hope P. Krebs, Esq.
President, British American Business Council of Greater Philadelphia

Message from the President

Thursday, July 7th, 2011

July 2011

Dear BABC Members and Friends,

I have served as President of the BABC of Greater Philadelphia for the last four years. During that time it has been a pleasure to work with you in support of our mission – promoting increased trade and investment between the UK and Southeastern Pennsylvania, Southern New Jersey and Delaware. Today the UK is Pennsylvania’s fifth largest export market, with a 50% increase during the past year alone. The BABC itself has seen substantial membership growth, increased programming and strengthened financial stability. All of these have caused us to be a frequent example highlighted by the global organization of what a successful BABC chapter should strive to be.

It is my firm belief, however, that all organizations must continue to evolve and grow in order to be successful. An essential part of that evolution is a regular change in leadership. It is with that in mind, that I humbly write to let you know that I have decided to “retire” as President of the BABC. As with each President before me, I leave the organization in a stronger position than when I entered, and leave it in more capable hands. With such a wonderful board of directors, we had a wealth of capable leaders in our midst, and I am both honored and pleased to “pass the torch” to my friend and colleague Hope Krebs, Co-chair of the law firm Duane Morris’ International Practice Group.

Duane Morris has been a BABC member for approximately ten years, and Hope has actively represented Duane Morris as a BABC Board Member and Vice President of Membership since 2005. Serving as BABC Membership Chair, Hope has helped us build our membership base across all levels and industries. So I leave you not only in capable hands, but enthusiastic ones as well. Hope has great ideas about programming, how to stay connected with current members, and how to attract newcomers. She will provide the spark for our ongoing evolution and continued success.

As I reflect on the BABC, our success and strength is truly remarkable. Even amid unstable economic times, the BABC has always maintained a strong membership and has continued to provide valuable programs and networking events. Testament to you and our leadership, we are celebrating our 20th Anniversary this year.

Despite my “retirement,” I will continue to play an active role on the BABC’s Board of Directors, and look forward to seeing you at upcoming events and programs. This is not a goodbye, but rather a thank you for entrusting me with the leadership of this phenomenal organization, and for all of your support during the past years. Please join me in welcoming our new BABC President – Hope Krebs.
Sincerely,

Neil Boyden Tanner,
President, BABC of Greater Philadelphia

Feature Article: UK Budget 2011 and Plan for Growth

Monday, May 2nd, 2011

The UK Budget 2011 and Plan for Growth was set forth in a recently released white paper. Sir Alan Collins KCVO CMG Consul-General shared the document with the BABC of Greater Philadelphia and highlighted the British Government’s trade and investment strategy. The information is directly related to the theme of Sir Alan’s speech presented during the BABC 2010 Annual Holiday Luncheon, during which he provided an updated report on the key to UK trade and investment strategy — rejecting protectionism and ensuring a greater openness to trade and investment. The strategy includes 62 actions the UK will be pursuing to help secure a strong, sustainable and open economy that benefits business both domestically and internationally. The entire UK Budget 2011 and Plan for Growth document is permanently housed on the BABC of Greater Philadelphia website, and can be accessed via http://www.babcphiladelphia.com/wp-content/uploads/2011/04/UKTI-Trade-and-Growth-PDF.pdf. Read the rest of this entry

BABC Human Interest Feature

Monday, May 2nd, 2011

If you work in Philadelphia, you can leave work at 5:00 p.m. and have an authentic British meal without crossing the Atlantic by 6:00 p.m. Thanks to Philadelphia’s new restaurant, The Dandelion, you can be transported to England just by visiting this British inspired pub located at 124 South 18th Street, in Center City Philadelphia. Sitting in the restaurant you will be inspired and comforted by the creative décor. Most of the furniture and interior decoration was imported from England in two shipping containers at the cost of $3.5 million dollars. The objects include: a Victorian lantern over the door, wood-burning fireplaces, British ornaments and other items.

The Dandelion, Steven Starr’s 15th restaurant to open in Philadelphia received positive reception. Not only does the pub boast authentic décor, but the chef, Robert Aikens is British born and raised in Norfolk, England.

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Message from the President

Monday, May 2nd, 2011

An Important Year for the BABC of Greater Philadelphia

Dear BABC Members,
I am pleased to report more success for the BABC of Greater Philadelphia. The first several busy months of the calendar year have already reaped numerous benefits. We continue to build membership; deliver timely, topical programs; and disseminate valuable information. Recently we participated in two business roundtable seminars around the new UK Bribery Act and the US Foreign Corrupt Practices Act, as well as a Global Healthcare program. Read the rest of this entry

Feature Article: Anti-Bribery-Duane Morris LLP

Tuesday, February 1st, 2011

UK Clarifies Wide-Ranging Bribery Laws and the Impact on Non-UK Companies
On October 7, 2010, the UK Ministry of Justice clarified its draft guidance on the new UK anti-bribery legislation and how it is likely to be enforced. The Bribery Act 2010 (the “UK Bribery Act”), passed through the House of Commons in April 2010, received Royal Assent the same day and is now law. It will come into force in April 2011. The new legislation has been called the “toughest enforcement standard in the world.” Read the rest of this entry