As part of the Race to Zero, the British Chambers of Commerce (BCC), in collaboration with energy company Drax Group, is calling on the government to use the 5th anniversary of the Paris Agreement to work in partnership with businesses to achieve the UK’s climate goals, as many firms continue to manage the impact of Coronavirus.
BCC Director of Trade Facilitation Liam Smyth comments on the government’s updated Border Operating Model, published today.
Results from the latest BCC Coronavirus Business Tracker reveal that business conditions improved only moderately in the weeks since the UK economy suffered an historic contraction in Q2 2020, with firms still reporting high levels of reliance on government support schemes to help stem cashflow issues.
Research from the British Chambers of Commerce, in partnership with Mobile UK, has underlined the importance of good quality mobile coverage to enable firms to restart and maintain operations successfully after the Covid-19 pandemic.
Results from the latest BCC Coronavirus Business Tracker reveal that businesses are still facing significant cashflow challenges with the schemes announced in the Summer Statement failing to provide support at the scale needed to protect jobs after the furlough scheme winds down.
Results from the BCC’s Quarterly Recruitment Outlook, in partnership with Totaljobs, reveal the impact Coronavirus has had on the jobs market, with the two organisations calling for further action from government to protect businesses and jobs. 29% of businesses expect to decrease the size of their workforce in the next three months 28% decreased size of workforce in Q2 but 66% kept their workforce constant, reinforcing the success of the Job Retention Scheme The two organisations call for a cut in employer National Insurance Contributions to protect businesses and jobs.
Co-Executive Director Hannah Essex comments on the Government’s announcement of flexible rail fares trials and fares trials funds
The British Chambers of Commerce’s Quarterly Economic Survey reveals that the UK economy ended 2019 in stagnation, amid long term uncertainty, rising business costs and a slowing global economy.
UK economic growth in 2020 is forecast to slow to its weakest rate since the financial crisis as higher government spending struggles to offset falling business investment, weakening net trade and sluggish consumer spending.
Businesses are hampered by an unreliable electricity supply according to a survey of more than 1,000 business leaders published today by British Chambers of Commerce and Drax.
