Local Support, International Reach
Responding to the Bank of England interest rate decision, David Bharier, Head of Research at the British Chambers of Commerce, said: “Holding the interest rate at 3.75% is the common-sense call, given yesterday’s better-than-expected inflation data and falling oil prices after the USA and Iran signed a peace deal. “The...
Read moreIt is our pleasure to announce that we will be working with our valued members, SNAP Charity, as our next nominated charity of the year. They will be joining a long line of esteemed charities we have had the privilege of supporting over the years, and we look forward...
Read moreIt was a bright and early morning for the Chambers team and our attendees at our recent breakfast networking event held at the grand London International Cruise Terminal. We were delighted to be hosted by our Patrons, the Port of Tilbury, who shared fascinating insights into the port and...
Read moreReacting to the latest labour market data from the ONS, Patrick Milnes, Head of Policy for People and Work at the British Chambers of Commerce, said: “While unemployment fell slightly to 4.9 per cent, the expectation is that it will rise as businesses remain cautious about hiring. Our latest forecast suggests it could reach 5.2 per...
Read moreThe British Chambers of Commerce is calling on the government to change course on new steel quotas and tariffs which could decimate swathes of SMEs. The BCC wrote to the Business and Trade Secretary, Peter Kyle, in May, to raise its concerns about the plans. The letter said the...
Read moreThe President of the British Chambers of Commerce (BCC) is calling on policymakers to introduce a ‘growth delivery test’ to help businesses turn ambition into action. A major new report, co-authored by Andy Haldane, says the UK can break through its decades long economic growth ceiling by focusing on...
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: “Rising fuel prices due to the Iran War are now clearly influencing international trade. April was another quiet month for UK services trade with export volumes growing 0.2 per cent. “There was...
Read moreResponding to the latest GDP data published by the Office for National Statistics, Stuart Morrison, Research Manager at the British Chambers of Commerce, said: “Growth of 0.7% in the three months to April shows the UK economy maintained good momentum from the start of the year, as businesses again...
Read moreOur Client Relationship Manager, Nick Brown, recently told guests at a networking event that, during his seven and a half years with Essex Chambers, he has occasionally arrived at an organisation and immediately sensed that it was a business that truly gets it. A company where staff are happy...
Read moreReacting to the announcement of new US tariffs under section 301 of the Trade Act 1974, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “It is no surprise that the US is taking action, before its temporary section 122 measures expire, to make its...
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