Reacting to the release of new government research on the costs involved with planned changes to zero hours contracts, Kate Shoesmith, Director of Policy at the BCC, said: “The increased cost to businesses of the proposed changes to zero hours contracts will be a further hammer blow for many...
Read moreResponding to the latest GDP data, published by the Office for National Statistics this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Faced with global headwinds from the Iran conflict, the UK economy showed welcome resilience in Q2, growing by 0.4%, according to today’s first...
Read moreThe UK has a new Prime Minister who has promised to revive the nation’s economic fortunes. But he follows a succession of PMs who have pledged the same without ever managing to consistently deliver. At the BCC, we think about little else than helping businesses and our economy thrive....
Read moreGovernment backs industry to create new British jobs and support local communities with new weighting in public contracts. Businesses bidding for government contracts – a market worth £90bn per year – will be judged on their commitment to creating high-quality British jobs, tackling local skills shortages, and supporting young...
Read moreResponding to No10’s plans to hand Mayors a greater share of locally generated tax revenue, Kate Shoesmith, Director of Policy at the British Chambers of Commerce, said: “Putting more decision-making closer to local economies can help unlock growth. But it must be focused on the practical barriers businesses face...
Read moreResponding to the Bank of England interest rate decision to hold, David Bharier, Deputy Director of Economics and Insight at the British Chambers of Commerce, said: “Renewed escalation in the Middle East has compounded market volatility, and against that backdrop, the Bank’s decision to hold looks like the right...
Read moreCommenting on the latest trade data released by the Office for National Statistics, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “Goods exports fared well in May with a 5.2% increase in volume, particularly in chemicals exports to the rest of the world. By comparison, goods exports to the EU rose more modestly...
Read moreNew research by the British Chambers of Commerce (BCC) Insights Unit, involving over 2,400 exporters, shows overseas exports have fallen dramatically in the second quarter. The survey, carried out between Monday 11 May and Monday 9 June, found that just 16% of exporters reported an increase in export orders, while 26% reported a fall, and 58% reported...
Read moreResponding to the latest GDP data, published by the Office for National Statistics this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “The latest ONS data shows a fragile economy weighed down by geopolitical tensions and domestic cost pressures. “With GDP growing by 0.7% in...
Read moreReacting to the UK-India trade deal entering into force, Steve Lynch MBE, Director of International Trade at the British Chambers of Commerce, said: “It has been a tough few years for UK traders but there is a real buzz among businesses about this deal entering into force. It is...
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