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The British Chambers of Commerce (BCC) is calling for the Prime Minister’s visit to China to be rooted in pragmatism and focused on delivering for the UK economy. As the UK navigates an increasingly fractured global trade landscape it cannot afford to ignore its third largest trading partner and...
Read moreEconomic growth is still being constrained by a planning system in England that is ‘too slow, under resourced and unpredictable’, according to a new British Chambers of Commerce (BCC) report. The report, Planning for Business and Growth, says that while recent government reforms signal the right intent, further urgent...
Read moreReacting to today’s announcement of further transitional business rates relief for pubs and music venues, Kate Shoesmith, Director of Policy at the BCC, said: “This is good news for pubs and music venues in England, but it does not go far enough to protect many other businesses which are...
Read moreUK banks agree £11 billion lending packages to support small business growth, particularly for small and mid-sized enterprises. UK businesses to benefit from a landmark £11 billion lending package to help them invest and expand abroad, to grow their businesses and the economy. The lending commitment, from the UK’s five leading banks, is one of the largest collective moves by the banking sector in over a decade, representing an historic show of confidence...
Read moreReacting to the announcement of a new clean energy deal with the EU, William Bain, Head of Trade Policy at the BCC, said: “It is essential for the UK’s energy security and economic growth that we co-operate more closely with our European allies to realise the full potential of...
Read moreResponding to the latest inflation data, published by the Office for National Statistics, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Today’s data is a stark reminder that the UK inflation waters remain choppy. “With CPI rising to 3.4% in December, it’s clear the path to...
Read moreA third of UK firms exposed to the threat of new US tariffs are already taking action, according to the first major business survey carried out since Saturday’s announcement. Using its unique access to companies across the UK, the British Chambers of Commerce award winning Insights Unit carried out...
Read moreReacting to the latest labour market data from the ONS published this morning, Patrick Milnes, Head of People and Work Policy at the British Chambers of Commerce, said: “The latest data indicates businesses are still not feeling confident about taking on more staff or expanding their operations. “The rate of unemployment...
Read moreResponding to news that the US plans to introduce fresh 10% tariffs on UK goods, from next month, William Bain, Head of Trade Policy at the British Chambers of Commerce said: “New tariffs on goods exported to the US will be more bad news for UK exporters, already struggling...
Read moreThe All-Party Parliamentary Group (APPG) for International Trade and Investment is inviting businesses to contribute to their ‘Trade Triangle’ Inquiry. This inquiry examines how the Government’s three flagship trade strategies released over the summer – the Modern Industrial Strategy, the Small Business Plan, and the Trade Strategy – will...
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