Reacting to the planned introduction of an extra 25 percent tariff on UK exports of cars and other automotives to the United States, William Bain, BCC Head of Trade Policy, said: “Businesses were already looking with trepidation towards next week’s planned reciprocal tariffs before this fresh upheaval was announced....
Read moreResponding to the Chancellor’s Spring Statement, Shevaun Haviland, Director General of the British Chambers of Commerce said: “Today the Chancellor saw a small dip in inflation, however her statement was made against a backdrop of downgraded economic growth for 2025. It all paints a challenging spring landscape as businesses...
Read moreReacting to the latest inflation data, published by the ONS this morning, David Bharier, Head of Research at the British Chambers of Commerce, said: “Today’s data showing the CPI rate slowed to 2.8% in February is good news, but it’s too early to be certain on the direction of...
Read moreSpeaking ahead of Wednesday’s Spring Statement, Shevaun Haviland, Director General of the British Chambers of Commerce, said: “Businesses are feeling battered and bruised by the heavy cost pressures looming within days. The Chancellor must use her Spring Statement to offer some respite. “From next week, firms face an unpalatable...
Read moreReacting to a speech by the Foreign Secretary, David Lammy, at the BCC’s Driving International Trade Conference, Director General, Shevaun Haviland, said: “The Foreign Secretary’s announcements on a closer working relationship with UK business will be music to their ears. “Quarterly meetings, trade roadshows, better intelligence sharing, and a...
Read moreReacting to the latest interest rate decision by the Bank of England, David Bharier, Head of Research at the British Chambers of Commerce said: “Today’s widely expected interest rate hold highlights the tightrope the Bank is walking, in the face of mounting global uncertainty and rising cost pressures. “Our...
Read moreReacting 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: “The labour market remains a significant challenge for employers who are struggling with skills shortages, higher wage costs and the imminent hike in...
Read moreThe Director General of the British Chambers of Commerce (BCC), Shevaun Haviland, is urging the Government to accelerate efforts to reset UK/EU relations to quickly remove trade barriers for businesses. She will make the plea at the BCC Driving International Trade Conference 2025 on Thursday March 20 in Central...
Read moreResponding to the latest GDP data released by the ONS, Stuart Morrison, Research Manager at the British Chambers of Commerce, said: “With businesses facing an impending avalanche of cost pressures, it’s unsurprising that growth is in trouble. With GDP shrinking in January and an expansion of just 0.2% for...
Read moreResponding to the Prime Minister’s speech on regulation and civil service reform, Shevaun Haviland, Director General of the British Chambers of Commerce, said: “Businesses want regulation which supports rather than hampers them – and we’re encouraged by the Prime Minister’s speech. “A pledge to cut red tape and unnecessary...
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