The British Chambers of Commerce (BCC) has today released its latest economic forecast, upgrading its growth expectations for the UK in 2019 to 1.3% (from 1.2%). However, the leading business group has downgraded its growth forecast for 2020 to 1.0% (from 1.3%) and to 1.2% (from 1.4%) in 2021.
More UK exporters are reporting a decrease in orders in the opening quarter of the year, with cashflow and confidence dipping too according to the latest Quarterly International Trade Outlook from the British Chambers of Commerce, in partnership with DHL.
Hannah Essex, Co-executive director at the British Chambers of Commerce, comments on the news British Steel is entering insolvency.
Suren Thiru, Head of Economics at the British Chambers of Commerce comments on the inflation statistics for April 2019, published today by the Office for National Statistics.
Head of Economics Suren Thiru gives his reaction to the news that GDP growth was 0.5% in Q1 2019.
Business believes that the UK tax system is fundamentally unfair and want more support to stay compliant, according to new research released today (Tuesday) by the British Chambers of Commerce.
Suren Thiru, Head of Economics at the British Chambers of Commerce, comments on the inflation statistics for March 2019, published today by the Office for National Statistics.
Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), comments on the latest UK GDP and trade statistics, published today by the ONS.
The British Chambers of Commerce’s quarterly economic survey – the largest private sector survey of business sentiment and leading indicator of UK GDP growth – found that key indicators of UK economic health weakened considerably in the first quarter of 2019.
Director General of the British Chambers of Commerce, Dr Adam Marshall, address Annual Conference 2019.
