Commenting on the latest ONS trade data, BCC Head of Trade Policy, William Bain, said: “UK trade is heading along two distinct paths. There is a steady rise in services, which already account for more than half of UK exports, but trade in goods remains in flux. Manufacturers are...
Read moreResponding to the latest GDP data published this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “Today’s data shows the economy picking up slightly, driven by services and construction. That will be welcomed by business, ahead of what is expected to be a challenging Budget next month. “However, growth of 0.3% in...
Read moreAndy Haldane CBE has been elected the new President of the British Chambers of Commerce (BCC) taking over from Baroness Lane-Fox He was elected by representatives of the accredited Chamber Network at the BCC’s Annual General Meeting, today (Wednesday 15th October). He will take up the role on Sunday...
Read moreResponding to the latest labour market data published by the ONS this morning, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce said: “Unemployment continues to edge up while job vacancies continue to fall. These are clear signs that employers are holding back on recruitment...
Read moreThe British Chambers of Commerce is calling for Chancellor Rachel Reeves to focus her second Budget on key growth drivers to lift the gloom that has settled over the economy. The BCC’s budget submission focuses on policies to encourage investment, strengthen the workforce, support exports and develop infrastructure. ...
Read moreThe UK’s largest business sentiment survey before next month’s Budget, shows most firms remain bruised, with no improvement to business sentiment. The British Chambers of Commerce (BCC) Quarterly Economic Survey for Q3 has found confidence and investment levels remain at 2022 levels. Less than half of responding firms...
Read moreResponding to Kemi Badenoch’s speech at the Conservative Party Conference, Tim Snowball, Director of Communications and Public Affairs at the British Chambers of Commerce, said: “We welcome the Leader of the Opposition putting economic stability at the heart of her speech and acknowledging that businesses are key to driving growth. ...
Read moreThe British Chambers of Commerce (BCC) says the Autumn Budget must sharpen the UK’s competitive edge to stay ahead of the pack in an increasingly dog eat dog world. It is calling for immediate action to cut the costs deterring investment, simplify regulations to unleash business and update its...
Read moreShevaun Haviland, Director General of the British Chambers of Commerce said: “The Prime Minister rightly recognised that so much comes down to growth and that this can only be delivered from the bottom up – by businesses across the UK. “The plans to boost apprenticeships and technical college education...
Read moreResponding to the Chancellor’s speech at the Labour Party Conference, Shevaun Haviland, Director General of the British Chambers of Commerce said: “The Chancellor was right to highlight the progress made on infrastructure, overseas investment and trade in recent months. These are key foundations for future economic growth, and we...
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