Improved financial position for Chamber reported at AGM

Thu, January 24th, 2019

The Liverpool Chamber of Commerce C.I.C. reported a substantially improved...

The Liverpool Chamber of Commerce C.I.C. reported a substantially improved financial position at its annual general meeting amidst an ongoing repositioning of the business.

Welcoming representatives of more than 45 businesses to the meeting, the Chamber Chair, Neil Ashbridge, detailed the £136k profit in the 2017-18 financial year and explained the current year strategy to develop greater numbers of business members, focus on business engagement and participation within advocacy campaigns and develop its role as a support organisation for international trade advice, guidance and certification.

Neil stated: “The Chamber is moving in the right direction and has vastly improved its financial performance. It is now in a position where it can begin to make investments that will substantially improve the offer for our members and establish itself for the longer term future.”

“In the last twelve months we’ve been reaccredited by British chambers of commerce for our operational improvements and export documentation excellence and attained living wage status, signed the armed forces covenant and become disability confident.”

Addressing the members, Chamber President The Earl of Derby commented: “it’s not only gratifying that we can celebrate the achievement of a positive financial position but the changing demographic of members at the AGM is revealing that the younger leaders of our city are becoming increasingly involved with the Chamber of Commerce which can only help its future.”

Welcoming the CEO of Liverpool City Council, Tony Reeves, as keynote speaker, chamber CEO Paul Cherpeau confirmed the Chambers determination to remain an independent association for businesses but with a close relationship to authorities in local, regional and national government.

Paul said: “We have a strong membership base with capacity for growth and the success of our events programme and Strategic Partnership network demonstrates the potential we have. It is gratifying that we’ll enter our 170th year in 2020 with a repositioned Chamber which has renewed focus upon achieving success for our businesses now and for the future.”

Image courtesy of Lucy Byrne, Managing Director of dot-art. The image shows (L-R) Paul Cherpeau, Neil Ashbridge and Tony Reeves

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