Responding to the latest interest rate decision by the Bank of England, David Bharier, Head of Research at the British Chambers of Commerce said: “As businesses continue to digest the difficult implications of last week’s Budget, a further interest rate cut is some good news for firms. “The cost...
Read moreA new independent taskforce will be launched to map out an orderly transition for the North Sea that will safeguard tens of thousands of jobs and help secure its long-term future as a critical national asset. The North Sea Transition Taskforce will be led by Philip Rycroft, a former...
Read moreReacting to the Chancellor’s Autumn Budget, Shevaun Haviland, Director General of the BCC, said: “This is a tough budget for business to swallow but the Chancellor has looked to ease the pain by holding out a promise of better days ahead. “While some protection for smaller firms is welcome,...
Read moreStrong industry-Government partnerships are key to ensuring the UK’s visitor economy continues to thrive, according to a new report by the British Chambers of Commerce (BCC) in partnership with IHG Hotels & Resorts. To help grow the tourism, hospitality, events and attractions industries, the report makes a series of...
Read moreThe British Chambers of Commerce (BCC) is urging the Chancellor to ease the workplace health crisis by reforming the tax system. Its two calls ahead of the Autumn Budget are: BCC research has found that only one third of businesses (36%) currently offer staff well-being or occupational health support...
Read moreBrand Britain is still valued by both business and the public, despite an increasingly competitive global landscape, according to a landmark report by global branding agency Jones Knowles Ritchie (JKR) and market research organisation Ipsos, in partnership with the British Chambers of Commerce (BCC). The ‘Be Distinctive Britain’ report...
Read moreThe Trade Confidence Outlook, conducted by the BCC’s Insights Unit, is a survey of just under 2,000 UK SME exporters. It shows the percentage of SME exporters reporting increased exports has fallen back in Q3 by five percentage points after an uptick in Q2. Overall, 22% of SME exporters...
Read moreResponding 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,...
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