Responding 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...
Read moreResponding to the publication of the Immigration White Paper, Jane Gratton, Deputy Director Public Policy, at the British Chambers of Commerce said: “Businesses are keen to unlock more home-grown talent and will welcome the broad direction of travel in today’s White Paper. “A commitment to drive better strategic planning...
Read moreReacting to news of a trade deal in principle with the US, Shevaun Haviland, Director General of the BCC, said: “This deal will be met with a huge sigh of relief by many British businesses. “The reduction in the 25% tariffs on most of our automotive exports and the...
Read moreResponding to the Bank of England’s decision to cut interest rates to 4.25%, David Bharier, Head of Research at the British Chambers of Commerce said: “Today’s interest rate cut to 4.25% will help absorb some of the shocks that businesses are facing on multiple fronts. Our research has been...
Read morePresident of the BCC, Martha Lane Fox, will use a speech at Mansion House to urge the government to commit to free trade and to pursue an improved EU deal. She will make the plea at the Mansion House Business and Trade Dinner on the evening of Wednesday May...
Read moreReacting to news of an agreement in principle for a free trade deal between the UK and India, William Bain, Head of Trade Policy, said: “A Free Trade Agreement (FTA) between the UK and India is a huge boost to our economies and a welcome lift for our exporters....
Read moreAround a third (35%) of businesses expect to grow this year, according to new research by the British Chambers of Commerce, in partnership with Royal Mail. The results show hope for growth lies largely in the domestic market, with online expected to drive sales. Over the next 12 months,...
Read moreAhead of the committee stage of the Employment Rights Bill starting in the House of Lords, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce said: “This is a critical stage in the process and the window of opportunity to get the right balance in...
Read moreThe British Chambers of Commerce (BCC) is warning of a lost generation unless the Government urgently tackles the jobs crisis among young people. It says immediate action is needed to remove barriers preventing almost a million people in Generation Z from engaging with work, education and contributing to society....
Read more
