Reacting to the latest GDP data released this morning by the ONS, David Bharier, Head of Research at the British Chambers of Commerce said: “It is important to look at the broader picture and growth of 0.5% in the three months to July is positive news. It shows the...
Read moreResponding to the latest ONS labour market statistics, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce, said: “There are some further signs of loosening in the jobs market as vacancies continue to fall and wage growth slows. “But pay continues to outpace inflation by...
Read moreThe Workplace Equity Commission, convened by the British Chambers of Commerce (BCC), has outlined more than 40 recommendations to improve employment opportunities and breakdown barriers for people in the workplace. The Commission has focused on supporting the 5.5 million SMEs across the UK, which need support to shift the...
Read moreThe British Chambers of Commerce (BCC) Quarterly Economic Forecast (QEF) has upgraded growth expectations for 2024 following an improved picture so far this year. The forecast for 2025 remains unchanged, with a minor upward revision for 2026. UK Economic Outlook The QEF, winner of the 2024 FocusEconomics award for...
Read moreThe British Chambers of Commerce (BCC) is calling for an independent taskforce to urgently examine energy transition in the North Sea and safeguard tens of thousands of UK jobs. It comes after a new BCC report, found a careful balancing act will be needed to reach Net Zero and...
Read moreResponding to the latest trade figures published by the ONS, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “June was a strong month for UK trade, with goods exports to the EU experiencing a double-digit rise. Services growth was steady for the month, and...
Read moreResponding to the latest GDP figures published by the ONS, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “The UK economy got off to a good start this year, and the provisional data for Q2 shows that positive story is continuing. It’s clear that a strong...
Read moreReacting to the latest ONS data on inflation, Stuart Morrison, Research Manager at the British Chambers of Commerce, said: “Businesses will be pleased to see that inflation remains close to target, despite a small rise in the CPI rate last month. “An increase was expected, with our own forecast...
Read moreResponding to the latest ONS labour market data, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce, said: “The labour market is continuing to give mixed signals as the number of vacancies declines for the 25th time alongside persistently high levels of economic inactivity and...
Read moreOnly 20% of direct procurement spend from the wider public sector (including central government) went to SMEs in 2023, according to the latest report by the British Chambers of Commerce and data provider Tussell. The BCC’s SME Procurement Tracker powered by Tussell – now in its second year –...
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