Local Support, International Reach
As Brexit approaches its 10th anniversary, the British Chambers of Commerce says the government must set out a clear plan to ease the burdens it has placed on business. BCC research shows over half of UK exporters (54%) think the current trade deal with the EU is making it...
Read moreResponding 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 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 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...
Read moreThe latest British Chambers of Commerce (BCC) Economic Forecast suggests growth will remain subdued in 2026 and 2027, as the reverberations of the Middle East conflict continue to be felt. The BCC is predicting weak business investment, higher inflation and falling exports. The key points in the forecast are:...
Read moreResponding to publication of the Milburn Review interim report, Shevaun Haviland, Director General of the British Chambers of Commerce said: “The Milburn report must be a wakeup call for policymakers about the crisis of young people not in employment, education and training. “Unless urgent comprehensive action is taken a...
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