BCC has warned the Treasury of an impending ‘cost of doing business crisis’. A new survey of more than 1,000 businesses, showed that firms across the country are under intense pressure from a variety of costs. It found that prices were likely to rise as a result, further fuelling the cost-of-living crisis for households.
A new survey of almost 1,000 UK firms, from all sectors and sizes, has revealed that more than half believe their IT systems have been left more exposed to attack following the huge increase in people working from home during the pandemic.
The BCC’s Quarterly Economic Survey (QES) – the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth – has shown the recovery stalled in the fourth quarter, with firms facing unprecedented inflationary pressures.
As COP26 concludes, the BCC has highlighted how important business will be in hitting net zero targets and the need for Government to build on current plans and set out the practical steps towards a greener future.
New BCC data released today from a survey of over 1,000 businesses has thrown sharp focus on the impact of skills and commodities shortages for UK firms, with spiralling prices in evidence.
A new survey by the British Chambers of Commerce has revealed how challenging net zero targets will be to hit unless governments work with businesses across the globe on making the transition.
A survey of 2,600 UK exporters has revealed that the recovery in export sales has largely stalled in Q3. The proportion of firms reporting increased sales rose only three points (to 30%) from Q2 (27%), whilst the proportion reporting decreased sales fell by just two points (Q3:26%/ Q2: 28%).
The supply chain crisis, alongside wider labour shortages and spiralling price rises, is clearly starting to drag on the economic recovery from Covid-19.
The British Chambers of Commerce today released the results of its Quarterly Recruitment Outlook survey for Q2 2021, with responses drawn from over 5,700 firms. The new figures show a surge in the proportion of firms expecting to grow their workforce in the next 3 months, as well as a notable rise from the previous quarter in the proportion who attempted to recruit. However, the data also shows the proportion of those who had difficulty in finding staff climb significantly.
New figures from the BCC show two thirds (66%) of businesses surveyed were offering remote working to employees, but there are major sectoral differences in the results.
