Quarterly Recruitment Outlook: Hiring Difficulties Easing But Significant Concerns Persist  

24th April 2024

The latest Quarterly Recruitment Outlook (QRO), a survey of more than 4,600 UK firms of all sectors and sizes, by the British Chambers of Commerce (BCC) Insights Unit, reveals hiring problems have eased. The first quarter results for 2024 show that 62% of respondents said they had attempted to...

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Inflation Cooling But Business Price Pressures Persist

17th April 2024

Reacting to the latest inflation figures published this morning, David Bharier, Head of Research at the British Chambers of Commerce said: “Figures confirm inflation is continuing to slowly head in the right direction. That’s good news for both consumers and businesses. “However, a lot of uncertainty remains among the...

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Labour Market Continues To Slowly Loosen

16th April 2024

Responding to the latest labour market data from the ONS, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said:      “With the number of vacancies continuing to fall, and unemployment ticking up, there are further signs that the labour market is cooling. “But we are...

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UK Trade Ticks Up As Global Demand Recovers

12th April 2024

Responding to the latest ONS Trade figures, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “It is difficult to draw concrete conclusions from a single month’s data, but there are signs of a nascent improvement in import and export volumes as global demand slowly...

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UK Economy Stuck On a Low-Growth Treadmill

12th April 2024

Responding to the latest GDP figures, David Bharier Head of Research at the British Chambers of Commerce said: “The data confirms once again that the UK economy is stuck on a low-growth treadmill. With GDP growth of 0.2% in the three months to February, and 0.1% on a monthly...

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BCC Quarterly Economic Survey: Firms Treading Water on Investment

11th April 2024

The BCC’s Quarterly Economic Survey – the UK’s largest and longest-running independent business survey – shows most firms reporting no improvement in investment levels, sales or cashflow in the first quarter of 2024. After a slight rise in Q4, levels of business confidence have remained static. For the second...

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Access To Finance Challenge for SMEs

05th April 2024

Accessing finance is becoming more difficult for a large number of SMEs, according to new data from the British Chambers of Commerce Insights Unit. Around half (49%) of business surveyed who accessed finance felt that getting funding had become more challenging over the past three years. Only 13% said...

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Government Fails To Listen On Costly Import Charges

04th April 2024

Reacting to details of the common user charge being introduced on animal and plant product imports into the UK later this month, William Bain, Head of Trade Policy at the British Chambers of Commerce said:  “This is an extremely disappointing decision by Defra on the common usage charge. The...

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Costly Paperwork Burden Lifted for UK Steel Product Exporters 

28th March 2024

Thousands of UK businesses are breathing a huge sigh of relief after the European Union decided to lift a huge paperwork burden. Since last autumn, companies exporting products containing iron and steel to the EU, have been required to provide ‘mill certificates’ to prove the elements did not originate...

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Bold Thinking Needed To Keep UK At Top Table

27th March 2024

The British Chambers of Commerce has launched its Global Britain Challenge report to boost exports and channel overseas investment into the UK.  Among the 28 recommendations are:   The ‘Global Britain’ report will be published at an event hosted by Heathrow Airport, on Wednesday 27 March, at the Compass Centre,...

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