Inflation Holding Steady

17th July 2024

Reacting to the latest ONS data on inflation, David Bharier, Head of Research at the BCC, said:  “Today’s data indicating a 2% increase in the CPI rate shows the UK is exiting its three-year inflation crisis and makes a bank rate cut more likely.  “Our own indicator, tracking business...

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Quarterly Recruitment Outlook:  Construction Suffers As Hiring Difficulties Rise

15th July 2024

The latest Quarterly Recruitment Outlook (QRO), a survey of more than 4,700 UK firms of all sectors and sizes, by the British Chambers of Commerce (BCC) Insights Unit, reveals hiring problems have increased across all sectors. The second quarter results for 2024 show that 59% of respondents said they...

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UK Growth Better Than Expected

11th July 2024

Responding to the latest GDP figures published this morning by the ONS, David Bharier, Head of Research at the British Chambers of Commerce, said: “The UK has had a strong start to the year and today’s data showing 0.9% growth in GDP in the three months to May is...

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BCC Quarterly Economic Survey: Business Confidence Continues To Tick Up in Q2

07th July 2024

The BCC’s Quarterly Economic Survey – the UK’s largest and longest-running independent business survey – shows measures of business confidence and business conditions slightly improved in Q2 2024, albeit from a very low base. 38% of firms (compared with 36% in Q1) said they had seen an increase in...

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Essex Chambers Reacts to General Election Result

05th July 2024

The political map of the United Kingdom and of Essex has changed dramatically following the general election. Congratulations to all the successful candidates and commiserations to those who have been unsuccessful. As an apolitical organisation Essex Chambers of Commerce will continue to work with all parties for the betterment...

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BCC: READY TO WORK IN PARTNERSHIP WITH LABOUR GOVERNMENT

05th July 2024

Director General of the BCC, Shevaun Haviland, has congratulated Labour on its decisive general election victory and pledged to work in partnership with the new Government to boost the economy. She made the promise after Prime Minister, Rishi Sunak, officially conceded the election result this morning, and said: “Congratulations...

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BCC DIRECTOR GENERAL SHEVAUN HAVILAND:  STOP TREADING ON EGGSHELLS AROUND EU TRADE

27th June 2024

Director General of the BCC, Shevaun Haviland, has urged the next Government to stop treading on eggshells around trade with the EU if it wants to grow the UK economy.  She will make the plea at the British Chambers of Commerce (BCC) Global Annual Conference 2024 on Thursday June 27....

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Bank Seeks Further Evidence Before Rate Cut

20th June 2024

Reacting to the Bank of England’s latest interest rate decision, David Bharier, Head of Research at the British Chambers of Commerce, said: “Today’s decision was widely expected, and it’s clear the Bank of England is taking a cautious approach before making a much-anticipated rate cut. “Yesterday’s data showing CPI...

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Inflation at Target, Raises Rate Cut Hopes

19th June 2024

Responding to the latest inflation data published by ONS, David Bharier, Head of Research at the British Chambers of Commerce, said:  “Today’s data showing CPI easing to the Bank of England’s 2% target, is a further sign that the UK is exiting the inflation crisis which began in late...

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Goods Imports Up And Exports Down In April

14th June 2024

Responding to the latest trade data published by the ONS this morning, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “Services continue to perform particularly well among UK exports, with solid increases in the past three months. Goods exports performed less well in April,...

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