Assessing the mood of business ahead of President Trump’s discussions with China’s President XI this week, William Bain, Head of Trade Policy, said: “Businesses will be watching these talks very closely in the hope of divining some certainty on the direction of travel for global trade. “There were some...
Read moreThe BCC Insight Unit’s latest Quarterly Recruitment Outlook (QRO) shows that difficulties in finding staff persist despite rising unemployment. Just over half of firms (54%) surveyed said they had attempted to recruit in the last three months. Of those firms trying to hire staff, 75% said they experienced difficulties,...
Read moreReacting to the latest inflation data published by the ONS this morning, David Bharier, Head of Research at the British Chambers of Commerce, said: “Sticky inflation has been in danger of becoming a uniquely British disease as the UK continues to stand out from the rest of the G7....
Read moreResponding to the Chancellor’s speech at the Regional Investment Summit, Shevaun Haviland, Director General of the BCC, said: “These new investments must drive the partnership between government and business to a new level, as we work together to power up our regions. “To boost economic growth, we have to...
Read moreCommenting on the latest ONS trade data, BCC Head of Trade Policy, William Bain, said: “UK trade is heading along two distinct paths. There is a steady rise in services, which already account for more than half of UK exports, but trade in goods remains in flux. Manufacturers are...
Read moreResponding to the latest GDP data published this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Today’s data shows the economy picking up slightly, driven by services and construction. That will be welcomed by business, ahead of what is expected to be a challenging Budget next month. “However, growth of 0.3% in...
Read moreAndy Haldane CBE has been elected the new President of the British Chambers of Commerce (BCC) taking over from Baroness Lane-Fox He was elected by representatives of the accredited Chamber Network at the BCC’s Annual General Meeting, today (Wednesday 15th October). He will take up the role on Sunday...
Read moreResponding to the latest labour market data published by the ONS this morning, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce said: “Unemployment continues to edge up while job vacancies continue to fall. These are clear signs that employers are holding back on recruitment...
Read moreThe British Chambers of Commerce is calling for Chancellor Rachel Reeves to focus her second Budget on key growth drivers to lift the gloom that has settled over the economy. The BCC’s budget submission focuses on policies to encourage investment, strengthen the workforce, support exports and develop infrastructure. ...
Read moreThe UK’s largest business sentiment survey before next month’s Budget, shows most firms remain bruised, with no improvement to business sentiment. The British Chambers of Commerce (BCC) Quarterly Economic Survey for Q3 has found confidence and investment levels remain at 2022 levels. Less than half of responding firms...
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