Responding to the latest ONS labour market statistics, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce, said: “With vacancies continuing to fall and the pace of wage rises slowing, it would appear there are further signs of the labour market loosening. “It’s good to see...
Read moreThe British Chamber of Commerce (BCC) Insight Unit’s latest Quarterly Recruitment Outlook (QRO) reveals hiring intentions have dropped to their lowest levels since the depths of the pandemic. The survey of more than 5,100 UK firms of all sectors and sizes, shows that 56% of respondents said they had...
Read moreResponding to the latest ONS data on trade, William Bain, Head of Trade Policy at the BCC, said: “The last three months have seen big swings in UK goods exports, with a double-digit fall in sales sandwiched between two double-digit increases. “Taking the data from June to August, overall,...
Read moreResponding to the latest ONS data on GDP, David Bharier, Head of Research at the BCC, said: “With GDP rising 0.2% in the three months to August, as well as in the month itself, growth lifted at the end of summer after flatlining in the previous months. Services continued...
Read moreResponding to the unveiling of the Government’s legislation on employment reform, Jane Gratton, Deputy Director of Public Policy at the BCC, said: “This is the biggest shake up of employment law in decades. These are huge changes and businesses must be engaged and supported on them every step of...
Read moreIn the first major survey of business sentiment since the General Election, the BCC’s Quarterly Economic Survey – the UK’s largest and longest running independent business survey – shows taxation is now the main area of concern for businesses. Ahead of the Budget later this month, 48% of firms...
Read moreResponding to the launch of Skills England, Jane Gratton, Deputy Director of Public Policy at the BCC, said: “The UK economy has a pervasive skills and productivity problem that stretches back long before the pandemic and Brexit. “Skills shortages ramp up pressure on firms, damaging their ability to operate profitably...
Read moreResponding to the latest labour market data published by ONS this morning, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said: “Employers across the UK will welcome further signs that the labour market is cooling, but more must be done to ensure they can access...
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