Birmingham and Its Business Industry

ngham, like the majority of towns and cities in the UK,with all its events be they business or community also
has seen major industrial changes during the last threeplays a large part in bringing outside visitors to the city.
four decades, with numerous companies, both largeThe city also has many places of interests and
and small, opening and closing their gates for the lastattractions on offer, the majority of which can be
time.found on Activ Birmingham’s Home Pages.
It has also suffered considerably in the currentAlso with three universities on its doorstep and the
economic recession as the economy shrank for acontinuing annual influx of university students wishing to
record sixth quarter in a row, with unemployment in theremain here, Birmingham business should never be
city now standing at some 8.1% of the workingshort of the professionally qualified person seeking
population. The unemployment figure in April 2008future employment in the area, if initially it may only be
stood at 5.2% and in September 2008 at 5.7%. Thefor an experience gaining period.
current seasonally adjusted claimant rate, however,One area that Birmingham, with its change of
now stands at some 12.8%.employment direction, may struggle with is employment
Business output has also been in decline, with the latestfor individuals with little or if any qualifications, as the
third quarter fall figure at 0.4% taking the total outputwork these people would normally be employed to
loss to some 5.9% since the current recession began.carry out will become even less as time goes on.
Not only have businesses suffered from a downturn inThere will soon be a serious need for extended type
orders, but major stores, shops, hotels and restaurantsschooling and/or college placement for hands on
have also been affected, with people cutting backemployment training best offered by Colleges of
heavily on weekly luxuries etc. Whilst new car salesFurther Education. The type of employment being
were also in steep decline the government’smainly associated with the construction type industries,
scrapage scheme has given the majority of dealers afor example - gas fitters, electricians, plumbers,
breathing space and some leeway for the future.bricklayers, plasterers, window and kitchen installers
Major supermarkets have also experienced a declineetc.
in sales as more and more of the population ventureThis forthcoming problem needs to be drawn to the
into and return to supermarkets offering the moreattention of all those who it is felt will struggle to meet
discounted brands of foods. Shoppers, currently, arean acceptable education standard, as soon as such a
more prepared to shop around in order to save onprobability is first noticed; otherwise their futures in
their weekly shopping outlay.employment in the area of Birmingham look to be very
However, on the better news front, latest surveysbleak to say the least. Job Centres, who probably deal
have suggested that the economic output is no longerwith less than half of all available vacancies, most of
in decline but there appears to be no immediate signswhich are for the less skilled trades will experience
of any growth patterns emerging.even greater difficulty in future years , in the placement
Access to finance still remains a problem area forof unqualified personnel of all age groups.
both small and medium size companies, despite theBusinesses need to continue to be positive and
extra £200 billion pounds which have been fedprepared for the eventual economic improvement.
into the UK financial system. Recent surveys haveWith the euro zone countries now moving out of
indicated that at least a third of the companiesrecession there appears, at last, to be light at the end
questioned have found it harder to obtain monetaryof the tunnel.
support in the last quarter.With more and more businesses and households now
With a majority of the younger generation, be theydaily being connected to the internet and with a
employed or otherwise, still prepared to have a normalGovernment requirement for an internet connection
Friday and weekend fun time; the majority of clubsbeing made available, if required, to virtually every
and pubs appear to have ridden the recession morehousehold in the country, the days of expensive
favourably.business media advertising will be in decline and instead
There has been a major change in business direction inof a daily advertising cost, businesses can and will
Birmingham, originally known as the “City of aadvertise their wears annually on the internet at similar
Thousand Trades,” with both large and smallprices, or slightly more, if featured or sponsored
engineering firms fast disappearing and its lastadvertising on the various web site home pages is
remaining car company, Jaguar Land Rover (JLR),required.
gearing up to close one of its last two remainingThe advantages of internet advertising on the home
assembly plants. Such failing businesses have and arepage of sites, is that it will be seen by visitors from all
being gradually replaced by the various service typeover the world, which can obviously run into many
companies, driven by the expansion of the professionalthousands monthly. Advertising in free papers and
and financial services sector, plus the outside visitornational or local daily papers, as indicated above, is
economy from within the British Isles and thoseexpensive and provides no guarantee that they will in
travelling from abroad.fact be seen by the large majority of readers.
Birmingham seems to be in the frontline as the mostAll businesses are advised to look carefully at internet
popular area for business service firms, largelyadvertising, as it will certainly play a big part in future.
because of its central location and easy access linksBusinesses also need to be fully aware that home
by road, rail and air. It also has a major advantagepage advertising, especially on the heavily visited sites
over the likes of London with more affordable andwill be fairly limited as advertising space will be at a
quality office space, the easy availability of thepremium. Future internet advertising will, without doubt,
professionally qualified employees and also, anbecome the business norm and all prime site spaces
important factor for car users in their travels to work,will, obviously, be offered on a first come first served
more than adequate car parking facilities. The NEC,basis, Birmingham businesses, you have been warned.