The BCC is calling on the Government to grab the chance to fix the UK’s broken business rates system in its legislative agenda for the King’s Speech. It is raising the alarm as anxiety about business rates rose to 41% in its Quarterly Economic Survey (QES) for Q1 2026....
Read moreResponding to the latest 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% was the sensible call given the current geopolitical situation. The MPC is right to emphasise that monetary policy can not address...
Read moreNew data from the British Chambers of Commerce (BCC) has revealed a 20% drop in export activity to the Middle East as conflict escalated in March. The findings are based on the number of certificates of origin issued by Chambers of Commerce. These are a key customs document required,...
Read moreThe British Chambers of Commerce (BCC) is urging Government to prioritise the UK’s economic security, after 10 years of geopolitical shocks have repeatedly damaged growth. Businesses in the UK have been left permanently bruised by the Pandemic, Brexit, wars in Ukraine and the Middle East, supply chain chaos and...
Read moreResponding to the latest inflation data, published this morning by the Office for National Statistics, David Bharier, Head of Research at the British Chambers of Commerce said: “Today’s 3.3% inflation figure for March is an early signal that the Iran conflict is feeding through into official data and impacting...
Read moreA new report on a pioneering scheme for business-led skills planning in England has identified a pressing need to better engage Generation Z with the workplace. The analysis of Local Skills Improvement Plans (LSIPs) found they have engaged thousands of people and employers in the training and education that firms...
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: “February was a weak month for UK exports, even before the outbreak of conflict in the Middle East. The one high point was increased goods sales to the...
Read moreResponding to the latest GDP data published this morning by the Office for National Statistics, David Bharier, Head of Research at the British Chambers of Commerce said: “GDP growth of 0.5% in the three months to February shows the UK economy performed better than expected at the start of...
Read moreNew research by the British Chambers of Commerce (BCC) Insights Unit, involving over 2,000 exporters, shows they were continuing to toil ahead of the disruption caused by the Iran War. The survey, carried out between Monday 9 February and Monday 9 March, found that overall, 25% of exporters reported an increase...
Read moreResponding to the government’s proposals on Trade Union Rights of Access, Kate Shoesmith, Director of Policy at the BCC, said: “Smaller firms fear that plans to give Trade Unions new rights of access to their premises will damage productivity at a time when they are already under significant pressure. “Good...
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