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After months of campaigning, today’s Government announcement to reverse the increase to the National Insurance Contribution (NIC) is a big win for the British Chambers of Commerce and the business community.
After months of campaigning, today’s Government announcement to reverse the increase to the National Insurance Contribution...
The decision by the Bank of England to raise the base rate to 2.25% is further evidence they are taking a hard line on tackling inflation. BCC research shows that unrelenting inflation, largely driven
The decision by the Bank of England to raise the base rate to 2.25% is further...
For months we have been calling for Government intervention to help businesses with eye watering energy costs. This support package is significant and will ease the cost pressures that have been piling up on
For months we have been calling for Government intervention to help businesses with eye watering energy...
The rise in Consumer Prices Index inflation by 9.9% confirms the sustained pressure businesses and consumers have been facing over the past year. While the rate of growth has eased slightly, this has been
The rise in Consumer Prices Index inflation by 9.9% confirms the sustained pressure businesses and consumers...
“With firms doing their best to keep afloat during a period of spiralling costs, they are also facing an extremely tight labour market which is further impacting their ability to invest and grow."
“With firms doing their best to keep afloat during a period of spiralling costs, they are...
July was a better month for UK trade than the previous one. We are seeing trade in fuels, particularly oil and gas, at elevated levels. Vehicle and other mechanical engineering exports did well too.
July was a better month for UK trade than the previous one. We are seeing trade...
Today’s estimated rise in monthly GDP for July 2022 by 0.2% shows that growth continues to fluctuate considerably on a month-by-month basis. The UK economy still faces serious immediate and longer-term structural issues which
Today’s estimated rise in monthly GDP for July 2022 by 0.2% shows that growth continues to...
The BCC welcomes this quick and positive intervention from Government. It is clear the new Prime Minister has listened to firms and is providing a strong package of support for business, equivalent to the
The BCC welcomes this quick and positive intervention from Government. It is clear the new Prime...
The BCC would like to congratulate Liz Truss on running a successful campaign to become the UK’s new Prime Minister. She must now take immediate steps to support the economy. The last few months
The BCC would like to congratulate Liz Truss on running a successful campaign to become the...
The BCC expects the UK economy to plunge into recession before the end of 2022, with inflation spiking to 14% and lingering weakness in growth expected to continue into 2024
The BCC expects the UK economy to plunge into recession before the end of 2022, with...
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