Local Support, International Reach
Commenting 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: “Sustained growth in wider UK economic activity was reflected in July’s trade figures. The rise in exports across goods and services was broad based, particularly in trade with the EU. Although, goods...
Read moreResponding to the adoption of the EU Public Procurement Act, William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “UK firms will breathe a sigh of relief, for now, that they are not targeted by the proposals contained in the EU Public Procurement Act. “Although...
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: “There was further volatility in June as the volume of goods exports dropped by 4.7 per cent, a reversal of May’s gains. Looking at the broader picture, the last quarter saw an...
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 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...
Read moreNew research by the British Chambers of Commerce (BCC) Insights Unit, involving over 2,400 exporters, shows overseas exports have fallen dramatically in the second quarter. The survey, carried out between Monday 11 May and Monday 9 June, found that just 16% of exporters reported an increase in export orders, while 26% reported a fall, and 58% reported...
Read moreReacting to the UK-India trade deal entering into force, Steve Lynch MBE, Director of International Trade at the British Chambers of Commerce, said: “It has been a tough few years for UK traders but there is a real buzz among businesses about this deal entering into force. It is...
Read moreReacting to news of an upgraded free trade agreement with Switzerland, William Bain, Head of Trade Policy at the BCC, said: “This is an important upgrade as Switzerland is one of the UK’s largest trading partners, especially in services. It will provide welcome certainty for thousands of companies in...
Read moreReacting to today’s EU announcement on new steel quotas for UK exporters, William Bain, Head of Trade Policy at the BCC, said: “Today’s announcement on EU quotas is the final piece of the jigsaw to reveal the new landscape for the UK’s steel producers and users going forward. “Confirmation...
Read moreAs Brexit approaches its 10th anniversary, the British Chambers of Commerce says the government must set out a clear plan to ease the burdens it has placed on business. BCC research shows over half of UK exporters (54%) think the current trade deal with the EU is making it...
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