Local Support, International Reach
Responding 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 moreResponding to the launch of Number 10 North today, Jonny Haseldine, Head of Business Environment at the BCC, said: “The launch of No.10 North is an important signal that our regions, their people and economies matter as much as anything happening in London. “This is something that our Chamber Network...
Read moreThe US has introduced new tariffs to replace its current levies on UK imports which have expired today. For most UK companies there is no effective change, but there is welcome confirmation that the removal of US tariffs on whisky has taken effect Duties that must be paid on...
Read moreReacting to the government’s announcement on a cut in business rates for pubs, clubs and music venues, Kate Shoesmith, Director of Policy and Insight at the BCC, said: “While news of a carve out for pubs, clubs and music venues is welcome, there are many other smaller hospitality companies...
Read moreResponding to the latest inflation data published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “While businesses will welcome news that CPI cooled to 2.6% in June, the inflation thermometer remains vulnerable to further spikes in the months ahead. “Today’s data...
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: “Today’s labour market data is a stark example of the challenges awaiting Andy Burnham as he settles into Number 10. “While unemployment appears to have stabilized at 4.9%, our expectation...
Read moreResponding to Andy Burnham’s first speech as Prime Minister in Downing Street, Shevaun Haviland, Director General of the British Chambers of Commerce, said: “The British Chambers of Commerce would like to congratulate Andy Burnham on being appointed Prime Minister. “The Chamber Network is ready to work in partnership with...
Read moreResponding to Andy Burnham’s first speech as Leader of the Labour Party, Shevaun Haviland, Director General of the British Chambers of Commerce, said: “The British Chambers of Commerce would like to congratulate Andy Burnham on his successful election as Leader of the Labour Party. “We stand ready to work...
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...
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