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Friday 2nd June 2023

Woburn Partners' New York Minute

It was a pleasure to be in New York this week to meet previous and current clients and to spend time with friends, old and new. If the health of an economy can be measured by the number of empty tables at restaurants, both uptown and downtown, then New York is bouncing back well from Covid.
 
The mood seemed as sunny as the weather as we arrived for the start of Memorial Weekend and temperatures started to soar. The city has long been home to British hacks (and ex hacks) who have built successful lives here and it was reassuring to see most have retained their enthusiasm for sharing industry gossip over a drink or two. 
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Three topics predominated: AI and its use in the comms business (short version: it’s not there yet, but will it prompt a shakeout of junior staff at larger firms?); the enduring power and commercial value of story telling, no matter what the medium; and the jaw dropping escalating cost of everything, particularly groceries. 
 

There is curiosity about the likely timing and result of the next UK election, but given that 2024 is a Presidential election year, attention will inevitably be focused closer to home. 

By the way, if you’re looking for a good old-fashioned restaurant with white tablecloths, an authentic but exclusive feel and great food and service, I recommend the Monkey Bar on east 54th street between Park Avenue and Madison.

“Three topics predominated: AI and its use in the comms business, the enduring power and commercial value of story telling and the jaw dropping escalating cost of everything”