Local Support, International Reach
The latest British Chambers of Commerce (BCC) Economic Forecast suggests the outlook for the UK will remain uncertain. While the economy was more resilient in Q2 than expected, higher energy and business costs are likely to keep growth weak this year and next. The key points in the forecast...
Read moreUrgently tackling the jobs crisis facing young people should be part of a wider rethink on lifelong learning, according to a new report by the British Chambers of Commerce (BCC). With Alan Milburn’s final report into the number of young people not in education, employment or training (NEET) due...
Read moreResponding to the latest inflation data, published by the Office for National Statistics this morning, Caterina Batog, Research and Economics Analyst at the British Chambers of Commerce said: “Firms continued to feel the heat from inflation last month, with CPI rising to 2.9%, further fuelling the cost of doing...
Read moreAndy Burnham, the UK’s new Prime Minister, has promised to revive the nation’s economic fortunes through ‘good growth in every postcode’. He is a big supporter of devolution and giving more power and responsibility to regions to decide what happens in their areas. But he follows a succession of...
Read moreReacting to the latest labour market data from the ONS, Patrick Milnes, Head of Policy for People and Work at the British Chambers of Commerce, said: “Although unemployment has held steady at 4.9%, this cannot hide the wider problems bedeviling the UK’s jobs market. “Business confidence is at a post-Pandemic low and the squeeze on firms’ finances...
Read moreCommenting on the latest trade data released by the Office for National Statistics, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “There was further volatility in June as the volume of goods exports dropped by 4.7 per cent, a reversal of May’s gains. Looking at the broader picture, the last quarter saw an...
Read moreReacting to the release of new government research on the costs involved with planned changes to zero hours contracts, Kate Shoesmith, Director of Policy at the BCC, said: “The increased cost to businesses of the proposed changes to zero hours contracts will be a further hammer blow for many...
Read moreResponding to the latest GDP data, published by the Office for National Statistics this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Faced with global headwinds from the Iran conflict, the UK economy showed welcome resilience in Q2, growing by 0.4%, according to today’s first...
Read moreThe UK has a new Prime Minister who has promised to revive the nation’s economic fortunes. But he follows a succession of PMs who have pledged the same without ever managing to consistently deliver. At the British Chambers of Commerce, we think about little else than helping businesses and our economy...
Read moreThe UK has a new Prime Minister who has promised to revive the nation’s economic fortunes. But he follows a succession of PMs who have pledged the same without ever managing to consistently deliver. At the British Chambers of Commerce, we think about little else than helping businesses and our economy...
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