Connecting Places

It is concerning that inflation is outpacing wages and if this disparity continues to increase as we predict, real household incomes will be squeezed further, dampening consumer spending, and weakening overall economic activity.

The UK economy will grow at a slower pace than expected with trade set to lag significantly behind the wider recovery, according to the British Chambers of Commerce’s (BCC) latest economic forecast. Concern over

Commenting on the inflation statistics for October 2021, published today by the Office for National Statistics, Head of Economics at the BCC Suren Thiru, said: “The latest data confirms that inflation is on a

The latest data confirms that the UK’s economic recovery lost momentum in the third quarter as significant staff and supply shortages limited activity.

While investments announced today will take time to bed in, Government should consider other action that will relieve immediate pressures, particularly on smaller businesses. This should include an urgent review of the shortage occupation

The Chancellor has listened to Chambers’ long-standing calls for changes to the business rates system and this will be good news for many firms.

Improving the quality and reach of early-stage finance is crucial for levelling up economic opportunity across all nations and regions of the UK

Boosting inward investment into the UK can provide the foundations for our future economic prospects for many years.