Responding to confirmation that new US tariffs on steel and aluminium should not affect UK exports, William Bain, the BCC’s Head of Trade Policy, said: “UK firms exporting steel or aluminium goods to the US will be relieved that tariffs will not double today. They now at least have...
Read moreThe British Chambers of Commerce (BCC) Quarterly Economic Forecast (QEF) has increased growth predictions for 2025, but the UK economy will remain sluggish. Better-than-expected business investment in Q1 is forecast to boost GDP across 2025. Inflation is projected to increase further in the coming months, before slowing to 2%...
Read moreThe British Chambers of Commerce (BCC) has urged the Government to swiftly act to protect Britain’s domestic bioethanol industry. It follows warnings from the UK’s two largest producers that the removal of tariffs on US imports could leave them unable to compete. Vivergo Fuels in Hull and Ensus in...
Read moreResponding to the Government’s plans for apprenticeships in England, Alex Veitch, Director of Policy at the British Chambers of Commerce said: “Apprenticeships are high-quality, valued qualifications and businesses welcome the funding boost announced by Government. “The BCC has long called for flexibility in the Growth and Skills Levy for...
Read moreResponding to the latest inflation data, published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Businesses are facing a perfect storm of cost-pressures which is fuelling inflation alongside rising household bills. While April’s jump was expected, the scale, to 3.5%, is...
Read moreResponding to the deal agreed at the UK-EU Leaders’ Summit, Shevaun Haviland, Director General of the British Chambers of Commerce, said: “Today’s summit marks a turning point in UK/EU relations which puts our trade relationship at the forefront of our partnership going forward. “For four years, businesses have fought...
Read moreThe British Chambers of Commerce is calling for Monday’s EU reset summit to mark a sea change in the UK’s trade relationship with Europe so business can prosper. The BCC wants to see seven vital changes made to the Brexit deal which are based on its four years of...
Read moreThe British Chambers of Commerce Business Council has met with the EU Ambassador and the UK’s EU Relations Minister to push the case for a trade reset. Director General, Shevaun Haviland, and President, Martha Lane Fox, hosted Pedro Serrano and the Rt Hon Nick Thomas-Symonds MP at the HQ...
Read moreResponding to the latest GDP data, published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Better than expected Q1 growth of 0.7%, is evidence that the UK economy held up well at the start of the year, despite mounting headwinds. Strong...
Read moreResponding to the latest labour market data, published by the ONS this morning, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said: “This data suggests some loosening in the jobs market with vacancies staying below pre-pandemic levels and unemployment nudging up, but wage growth including...
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