The British Chambers of Commerce is calling for the Chancellor to use next month’s Budget to work in partnership with business to develop a sustainable growth plan. Among the recommendations in the BCC’s Budget submission are: Findings from the BCC Insights Unit’s first major business survey of 2024 highlights...
Read moreResponding to the latest trade data from the ONS, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “The UK had another good year for services exports in 2023, showing the strength of that side of our economy. But there will be concern about the...
Read moreResponding to the ONS’ first GDP estimate for the fourth quarter of 2023, Alex Veitch, Director of Policy and Insight at the British Chambers of Commerce, said: “A contraction in GDP for the final quarter of 2023 means the UK economy is in technical recession. Businesses were already under...
Read moreResponding to the latest inflation figures from the ONS, Alex Veitch, Director of Policy at the British Chambers of Commerce said: “Businesses need price stability, so today’s news that inflation remained unchanged in January is welcome. “However, firms consistently tell us inflation is their top concern. In our latest...
Read moreResponding to the latest labour market data from ONS, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said: “Fewer vacancies show the labour market is softening but firms are still reporting difficulties finding skilled staff and the large number of inactive workers is concerning....
Read moreThe British Chambers of Commerce People and Work report outlines a 10-point plan to boost workforce skills, by supporting people at every stage of their journey through education and employment. Among the recommendations to politicians are: The ‘People and Work’ report is being published at an event hosted by...
Read moreRepresentatives of British business gathered at Terminal 5, Heathrow on Monday 5th Feb to join forces in calling for a new internationally competitive tax-free shopping scheme. The British Chambers of Commerce (BCC) and the Federation of Small Businesses (FSB) and Heathrow have today announced the launch of a new...
Read moreShevaun Haviland, Director General of the British Chambers of Commerce said: “It is a very tough time for businesses at the moment and they urgently need stability and long-term certainty. “We welcome today’s announcement from the Shadow Chancellor that she will publish a tax roadmap for business, if Labour...
Read moreReacting to the latest Bank of England interest rate decision, David Bharier, Head of Research at the British Chambers of Commerce, said: “The decision to hold the interest rate at 5.25%, the same level since August last year, will give some respite for businesses. However, the current level is...
Read moreGreater Anglia service alterations due to industrial action until Tuesday 6 February, including a full strike day on 2 February. Due to industrial action by members of the ASLEF union, Greater Anglia services will be affected by strike action on Friday 2 February and action short of a strike...
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