Local Support, International Reach
The UK’s largest business sentiment survey before next month’s Budget, shows most firms remain bruised, with no improvement to business sentiment. The British Chambers of Commerce (BCC) Quarterly Economic Survey for Q3 has found confidence and investment levels remain at 2022 levels. Less than half of responding firms...
Read moreResponding to Kemi Badenoch’s speech at the Conservative Party Conference, Tim Snowball, Director of Communications and Public Affairs at the British Chambers of Commerce, said: “We welcome the Leader of the Opposition putting economic stability at the heart of her speech and acknowledging that businesses are key to driving growth. ...
Read moreThe British Chambers of Commerce (BCC) says the Autumn Budget must sharpen the UK’s competitive edge to stay ahead of the pack in an increasingly dog eat dog world. It is calling for immediate action to cut the costs deterring investment, simplify regulations to unleash business and update its...
Read moreShevaun Haviland, Director General of the British Chambers of Commerce said: “The Prime Minister rightly recognised that so much comes down to growth and that this can only be delivered from the bottom up – by businesses across the UK. “The plans to boost apprenticeships and technical college education...
Read moreThe British Chambers of Commerce (BCC) says the UK must tackle its status as the sick man of the G7 if it wants to grow the economy. Businesses want to see a major shake-up of the UK’s approach to ill-health which is excluding people from work and hobbling the...
Read moreOver a third of SMEs (35%) say they are actively using AI technology, up from 25% in 2024 – according to research by the British Chambers of Commerce, in partnership with Intuit, the global financial technology platform. The research, featured in a new report, also shows appetite for more...
Read moreReacting to the WTO’s publication of its World Trade Report for 2025, William Bain, BCC Head of Trade Policy, said: “This report is a call to action for business and policymakers worldwide to ensure we realise the full benefits of AI in boosting global trade, productivity and skills. “It...
Read moreReacting to the latest inflation data published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce, said: “Businesses will be worried by inflation holding at 3.8% at a time when cost pressures continue to bite, especially on wages. The BCC’s latest economic forecast expects...
Read moreResponding to the latest labour market data published by the ONS this morning, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce said: “With businesses feeling the heat from a raft of cost-pressures, a larger easing of average earnings, including bonuses, to 4.6% in...
Read moreResponding to the latest interest rate decision by the Bank of England, David Bharier, Head of Research at the British Chambers of Commerce said: “Businesses will welcome the decision to cut the base rate to 4%, marking a further move away from a prolonged period of elevated borrowing costs....
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