Responding to the latest ONS data on trade, William Bain, Head of Trade Policy at the BCC, said: “UK trade showed signs of stabilising in May as the initial impact of higher US tariffs began to subside. “Services exports and imports showed steady month on month growth of 0.5%....
Read moreResponding to the latest GDP data, published by the ONS this morning, David Bharier, Head of Research at the BCC, said: “Today’s GDP figures, showing growth of 0.5% in the three months to May, but a fall of 0.1% in the month, reinforce the view that UK growth remains...
Read moreAfter the English Devolution and Community Empowerment Bill was introduced to Parliament, Jonny Haseldine, Head of Corporate Governance and Business Environment Policy at the British Chambers of Commerce said: “Businesses will welcome further devolution to communities across England if it helps accelerate local economic growth. “As local leaders take...
Read moreResponding to the government’s decision not to introduce zonal pricing, Ben Martin, Policy Manager at the BCC, said: “We believe the government has made the right decision in ruling out zonal energy pricing. Its Clean Power Mission has the right ambition; to ensure that the UK’s electricity system can...
Read moreThe Trade Confidence Outlook, conducted by the BCC’s award-winning Insights Unit, is a survey of just over 2,000 UK exporters. The data was collected between 12 May and 9 June, after a narrow trade deal with the US was agreed but before any changes came into effect. The EU...
Read moreIn the largest survey of business sentiment since April’s employer National Insurance rise, the British Chambers of Commerce (BCC) Quarterly Economic Survey for Q2, shows confidence among firms remains weak. While price rise expectations have eased back from near historic highs in Q1 – tax remains the biggest concern...
Read moreIf the Government is serious about growth, then it cannot tax business any further, Director General of the BCC, Shevaun Haviland, is set to warn. At the BCC’s Global Annual Conference 2025, Shevaun will unveil new research showing the impact of the increase in National Insurance Contributions on firms....
Read moreResponding to the publication of the Industrial Strategy, Shevaun Haviland, Director General of the British Chambers of Commerce said: “Today’s Industrial Strategy is an important milestone towards creating a competitive economy that is fit for the future, with thriving businesses in every region of the UK. “From start-ups and...
Read moreResponding to the publication of the Government’s Infrastructure Strategy, Jane Gratton, Deputy Director of Public Policy, said: “A 10-year strategy for infrastructure will give businesses and supply chains much needed clarity and certainty to plan. Crucially it will create a landscape for crowding in investment across all regions of...
Read moreResponding to the latest Bank of England interest rate decision, David Bharier, Head of Research at the British Chambers of Commerce said: “Yesterday’s CPI data confirmed that inflation remains stubbornly high, so today’s decision by the Bank of England to hold interest rates at 4.25% comes as no surprise.”...
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