Sunday 13th June 2021
Home Accountants Networking and digitisation leave Cambs ‘well-placed’ for recovery

Networking and digitisation leave Cambs ‘well-placed’ for recovery

E-mail Print PDF

Cambridgeshire companies are well-placed to deliver a strong economic recovery thanks partly to high levels of networking, digitisation and collaboration between firms, a recent event organised by chartered accountancy body ICAEW in the area was told.

Meanwhile, ICAEW’s business confidence monitor for the second quarter, found that confidence among businesses in the East of England had risen dramatically with sales, profits, employment levels and investment all set to improve.

Entrepreneur David Cleevely said businesses needed to consider what would happen over the next half decade as they came to terms with the impact of the pandemic, with a need for reskilling and more money spent on public health.

Vic Annells, chief executive of Cambridgeshire Chambers of Commerce, said manufacturing companies, whose staff had not been able to work from home, were more prepared for restrictions to be lifted than companies in service sectors.

Meanwhile, Jane Paterson-Todd, CEO of Cambridge Ahead, said her organisation had established New Era for the Cambridge Economy, a project group to consider the big questions facing business in the city. Linn Clabburn, Cambridge Norwich Tech Corridor programme director, said businesses and public sector organisations should consider opportunities for collaboration.