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Mercer & Hole Chartered Accountants meet Ed Vaizey MP

Mercer & Hole sponsored the St Albans Business Festival Finale Lunch at Sopwell House Hotel held on 8 July. The event, hosted by St Albans District Chamber of Commerce, was attended by over 130 people working in St Albans and surrounding districts.

Partners from Mercer & Hole Chartered Accountants had the opportunity to put business questions to Ed Vaizey, Minister of State for Culture and the Digital Economy, on behalf of their clients. Corporate Advisory Partner, Steve Smith was joined by General Practice Partner, Ross Lane and Private Client Partner, Helen Price who, between them, represented both Mercer & Hole’s business and individual clients.

After a warm welcome from David Clarke, Chamber President, Ed Vaizey took to the stage with an entertaining opening address. The tone did change to a more serious nature and Ed was asked questions from the floor.

Steve Smith asked Ed Vaizey, “What will you and the Government do to discourage businesses leaving the UK for somewhere within the EU?”

In which Ed Vaizey replied that there is a current “difficult situation”. He anticipates “that international business is not going to walk away from a big market with the UK being early adopters of ecommerce”. He considered Steve’s question further by saying “a move from the UK would require a cost benefit analysis with an understanding of the challenges in other European countries.” Ed appeared confident that businesses will stay in the UK and will continue to develop their businesses here. He also mentioned the recent highly publicised plans to reduce corporate tax (to 15%) which would make the UK an attractive place for business with one of lowest rates in Europe.

Speaking about the opportunity to be involved in the event, Steve said: “Mercer & Hole are proud to be an active member of St Albans District Chamber of Commerce and are delighted to have worked with them to sponsor the St Albans Business Festival’s Finale Lunch. It has been a good opportunity to speak directly to an MP, especially given the uncertainty in the current economic climate and client concerns over Brexit.”

Mercer & Hole have supported a number of events which have taken place during the week of the St Albans Business Festival and have enjoyed networking with the local business community.

Left to right: Ross Lane, Helen Price, Ed Vaizey, Steve Smith and David Clarke

Pictured above Ed Vaizey MP

 

 

Date: 11th July, 2016
Author: Mercer & Hole Media

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