Tees Business Tees Business Issue 15 | Page 57

Serving the Teesside Business Community | 57 Square One Law expands into Tees Valley S quare One Law recently welcomed Liz Truss MP, Chief Secretary to the Treasury, to the North-East and officially opened the firm’s new Tees Valley office. The firm hosted a VIP breakfast meeting for Tees Valley Mayor Ben Houchen and an invited group of Tees Valley business owners and entrepreneurs who were able to discuss the challenges and opportunities facing the regional and wider UK economy with Ms Truss. The discussion raised some interesting questions about the way the planning system can help businesses, the impact of disruptive and challenger enterprises and the opportunities that could come from breaking large government contracts into smaller ones for SMEs. Ms Truss said: “The Tees Valley is one of the great success stories of the past few years, with trade on the rise and unemployment down. “There are fantastic opportunities out there for businesses looking to expand their exports and as a government we want to do everything we can to make it as easy as possible for trade to prosper. And the area is certainly benefiting from having a metro mayor and the devolved powers that come with that position.” Mr Houchen said: “I am delighted that Square One Law has chosen Stockton as the location for their first office outside Newcastle. “As a region we’re renowned for our expertise in heavy industry, chemicals and engineering, but we have so much more to offer. To see professional services firms Tees launch – pictured (back row, left to right) is Square One Law EU and competition partner Neil Warwick, managing partner Gill Hall and senior partner Ian Gilthorpe, with (front) Tees Valley Mayor Ben Houchen and Chief Secretary to the Treasury Liz Truss MP. expand into the Tees Valley just shows how much potential there is in our region. “This investment and expansion is a vote of confidence in the whole Tees Valley and our skilled workforce.” Square One Law’s EU and competition partner, Neil Warwick, said: “The Tees Valley, having secured one of the first devolution deals in England, has stolen a lead in terms of its economic regeneration. “The devolution deal combined with the Northern Powerhouse Investment Fund means that there will be significant investment in the Tees Valley over the next decade with the Strategic Economic Plan estimating an additional 25,000 jobs and an extra £2.8 billion added to the economy by 2026.” The devolution deal is only the latest success after the decade of collaborative working by the five local authorities, Tees Valley Unlimited (the only LEP to be fully integrated into a combined authority), the university and colleges, all working together with industry through award-winning cluster bodies like NEPIC to create opportunities in the Tees Valley. Senior partner Ian Gilthorpe added: “Until now we have looked after our clients across the whole of the North-East and elsewhere from our Newcastle base. However, the firm is already very active in the Teesside region and we spend considerable time working with companies such as px Group, Able, JDR Cables and Fine Organics. “We’re delighted to have been appointed by Tees Valley Combined Authority and the South Tees Development Corporation. This platform has provided us with the opportunity to create and develop a Tees Valley office which we intend to grow, employ people and make a contribution to the area.” The Tees Valley office is being led by Square One Law partners Neil Warwick, Helen Brain and Marie-Louise Bozonet, along with senior partner Ian Gilthorpe. Please contact Neil Warwick on 01642 433 390 or visit squareonelaw.com for further information.