Within the BSCC network there exists extensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from Springy, Bonde Advokater and Mannheimer Swartling. Springy Springy has recently been chosen by Svenska Dagbladet and Carnegie as one of the ten finalists in this year’s Future Entrepreneur 2023 competition. This is a noteworthy achievement that recognizes their innovative approach to ...
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Huge UK infrastructure boost The UK government announced this week that up to 55 areas would be allocated almost £1 billion of the ‘levelling up fund’ which aims to bolster the economic growth and prospects in struggling areas. This flagship fund was created by former Prime Minister, Boris Johnson and this injection into the UK economy will give grants of around £20 million to each area selected. Levelling up secretary, Michael ...
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Political reshuffling British home secretary, Suella Braverman was sacked this week after she criticised the police for being too lenient towards Pro-Palestinian protesters which piled on the pressure for Rishi Sunak to make the move. This move has resulted in a major reshuffle with former foreign secretary, James Cleverly replacing Braverman at the Home Office. However, the biggest surprise came as former Prime Minister David Cameron was announced by Sunak to ...
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On 8 November, the BSCC had the pleasure of organising an industry focus event with SEB’s CEO and President Johan Torgeby, at the SEB offices in Stockholm. Mr. Torgeby discussed the development of the financial industry in both Sweden and the UK. He outlined the challenges and opportunities that the financial markets are facing currently, such as Sweden’s international image and the state of geopolitics. He asserted that the strength of ...
Read MoreStockholm Business School (SBS), Stockholm University delivers executive education programmes to mid-senior level executives across all sectors. In addition to its internationally accredited Executive MBA programme, it co-founded the national AI for Executives programme and has been partnered with the European Club Association (ECA) in delivering business education to leaders of Europe's most successful football clubs over the past 8 years. Dr. Ian Richardson is Director of Executive Education at SBS, ...
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UK house prices rise The UK house prices have been dropping since April this year and only last month they were 5.3% lower than what they were a year before that. For the first time in months, house prices unexpectedly rose by 0.9% which is as a result of the lack of properties to sell according to mortgage provide, Nationwide. Nationwide’s chief economist stated that the rise in October reflected the ...
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UK shop price inflation lowers Falling prices in items like homegrown food has seen UK shop price inflation fall to its lowest rate in over 12 months. The British Retail Consortium announced this week that annual shop price inflation dropped to 5.2% from 6.2% just last month. This has meant that it is the fifth month in a row in which it has fallen as a result of homegrown produce like ...
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On Tuesday, 24 October the Chamber, together with BSCC Patron Member, Stena AB welcomed members and partners to the BSCC Gothenburg Chapter with speakers and guest of honour Cecilia Malmström, Former Minister for European Union Affairs of Sweden, and Johan Trouvé, CEO, the West Sweden Chamber of Commerce. Dan Sten Olsson, CEO, Stena AB welcomed guests and gave introductory remarks underscoring the importance of the promotion of trade and cooperation. Cecilia ...
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The Swedish Parliament has approved a new law aimed at safeguarding national security by scrutinizing foreign direct investments. This law, effective from December 1, 2023, covers sensitive sectors like critical infrastructure, defence, and security-related activities. It grants the authority the power to review and potentially prohibit foreign investments affecting Sweden's security interests. Foreign direct investments in sensitive sectors will face mandatory scrutiny, even if the investor is Swedish. The Inspectorate of ...
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UK rent disparity Official date shows the extent of the rent crisis in the UK and how unaffordable it is. This is demonstrated by how data shows that in the last 18 months, housing costs in London accounted for 35% of the income of those tenants living there. This huge part of tenants’ income is equal to around £1,450 per month and is the only region where the percentage of income ...
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