Responding to the news that the UK Global Tariff is being paused on dozens of products, William Bain, Head of Trade Policy at the British Chambers of Commerce said: “Tariffs are an additional cost burden that often have to be absorbed by firms or picked up by consumers and...
Read moreResponding to the announcements from the Chancellor and Business and Trade Secretary to support UK exporters, William Bain, Head of Trade Policy at the British Chambers of Commerce (BCC) said: “The BCC called last week for enhanced credit and financial support through UK Export Finance and the British Business...
Read moreResponding to the latest ONS data on trade, William Bain, Head of Trade Policy at the BCC, said: “There are clear signs that UK firms increased goods exports to the US ahead of the introduction of tariffs. Data for the past three months shows a 23% increase in the...
Read moreResponding to the latest GDP data, published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “The stronger than expected GDP rebound in February, and positive data for the three months, are welcome news. There was an encouraging story from both the...
Read moreThe British Chambers of Commerce (BCC) Insight Unit’s latest Quarterly Recruitment Outlook (QRO) reveals only a fifth (20%) of firms increased their workforce over the last three months. This is down from 24% in Q4 2024, as business grapple with rising costs, including the national insurance hike. Meanwhile, 63%...
Read moreA snap poll, by the British Chambers of Commerce award-winning Insights Unit, of more than 600 businesses has revealed the extent to which UK firms expect to be hit by US tariffs. Using its unique access to companies in the Chamber Network, the research was rapidly carried out between...
Read moreAhead of the rise in employer national insurance (NI) contributions coming into effect this Sunday, the British Chambers of Commerce Quarterly Economic Survey for Q1, shows business sentiment remains very weak as taxation continues to be the top concern. 59% of surveyed firms cite it as a worry (compared...
Read moreReacting to news of a 10% tariff on all UK exports to the US and higher tariffs for other countries, Shevaun Haviland, Director General of the BCC, said: “The Government has kept a cool head so far and must continue to negotiate. This is a marathon not a sprint,...
Read moreThe Taskforce is an independent body, supported by the British Chambers of Commerce, which has brought together representatives from supply chain business, academia, environmental groups, and trade unions. It also undertook a range of interviews with other interested parties, including industry bodies, NGOs, supply chain organisations, Government agencies, current...
Read moreAhead of the second reading of the Employment Rights Bill in the House of Lords this afternoon, Jane Gratton, Deputy Director Public Policy at the British Chambers of Commerce said: “While the government has consulted with business, and listened to concerns, the legislation still does not strike the right...
Read more
