Responding to the latest GDP data released by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Confirmation that the economy grew slightly in Q4 is a small bit of relief for businesses in challenging times. However, regardless of the headline data, it’s...
Read moreNew research by the BCC’s Insights Unit has uncovered the extent to which firms are worried about the impact of US tariffs on their operations. The survey of more than 1,200 firms, of which over 260 were manufacturing exporters, was carried out between Monday 20 January and Friday 7...
Read moreThe BCC is urging Government to help firms grow as it considers its future spending plans. The business group’s submission to His Majesty’s Treasury for the Comprehensive Spending Review contains 49 recommendations on ways to grow the economy that the Government should support. The top asks include: Get Britain...
Read moreReacting to the latest interest rate decision, David Bharier, Head of Research at the British Chambers of Commerce, said: “Given the raft of cost pressures and global economic uncertainties businesses are facing, today’s interest rate cut provides a measure of relief for SMEs. “Since the Autumn Budget our research...
Read moreThe British Chambers of Commerce (BCC) is warning that businesses face increased cyber security risks without stronger engagement with government. Among the recommendations in a new report, the BCC is calling for ministers to: The report has been produced by the BCC’s Digital Revolution Challenge Group, drawing on expertise...
Read moreOn the fifth anniversary of Brexit, the BCC is calling on the Government to use its planned EU reset to achieve concrete change and help drive UK economic growth. Research by the BCC’s Insight Unit has shown that SME exporters have faced an uphill struggle to sell goods and...
Read moreResponding to the Chancellor’s speech in Oxford this morning, Shevaun Haviland, Director General of the BCC, said: “The Chancellor has laid down a clear marker on her intent to push for growth and these proposals can light the blue touchpaper to fire up the UK economy. “Expanding our international...
Read moreThe British Chambers of Commerce has submitted ambitious plans for the Government’s trade strategy as this new data shows UK SME exporters continue to toil. SME exporters are also facing an inflation crunch, as 56% expect their prices to rise, while 43% expect no change, and only 3% expect...
Read moreResponding to reports that the Chancellor is preparing to support expansion plans at three UK airports, Shevaun Haviland, Director General of the British Chambers of Commerce, said: “Expanding the UK’s airport capacity is vital to driving economic growth and it remains a top priority for business. “We wholeheartedly support...
Read moreToday, the Office for National Statistics (ONS) released the latest labour market data including insights on the unemployment rate, economic inactivity, vacancies, and pay growth. Recruitment experts, Pertemps, have produced a summary of the data for small businesses. Overall trends – January 2025 Market Overview: Between September to November...
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