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Economics

BCC Response to Shadow Chancellor’s Speech 
It was encouraging to hear business feature so prominently in the Shadow Chancellor’s speech.
It was encouraging to hear business feature so prominently in the Shadow Chancellor’s speech....
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Chancellor Sets Out Progress But Recognises Challenge 
This speech was largely about setting the tone for this Autumn’s challenging Budget. It will need to go further to directly address business needs.
This speech was largely about setting the tone for this Autumn’s challenging Budget. It will need...
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Sticky Inflation Keeps Rates on Hold 
Today’s decision to hold interest rates at 4% was widely expected, especially after yesterday’s figures confirmed that inflation remains stubbornly high.
Today’s decision to hold interest rates at 4% was widely expected, especially after yesterday’s figures confirmed...
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Inflation Heaping More Pressure On Firms 
usinesses will be worried by inflation holding at 3.8% at a time when cost pressures continue to bite, especially on wages.
usinesses will be worried by inflation holding at 3.8% at a time when cost pressures continue...
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Subdued Summer as Business Costs Hit  
Today’s data shows the UK economy had a subdued summer, with limited growth in the three months to July, and 0% in the month alone.
Today’s data shows the UK economy had a subdued summer, with limited growth in the three...
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Is the UK Stuck in a Low-Growth Trap? 
Clear policies that support business adaptability will be critical in ensuring that shocks do not further derail the UK’s already fragile growth trajectory.
Clear policies that support business adaptability will be critical in ensuring that shocks do not further...
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BCC Economic Forecast: Growth Continues To Flatline 
The latest British Chambers of Commerce (BCC) economic forecast has upgraded growth expectations for 2025. But overall, the outlook remains subdued.
The latest British Chambers of Commerce (BCC) economic forecast has upgraded growth expectations for 2025. But...
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Inflation Warning Lights Flashing 
The inflation warning lights continue to flash, with July’s rate being slightly higher than most analysts had forecast.
The inflation warning lights continue to flash, with July’s rate being slightly higher than most analysts...
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Q2 Growth Masks Underlying Business Pain 
Better than expected data for both Q2 and the month of June are welcome – but the numbers mask the underlying pain being felt by businesses across the UK.
Better than expected data for both Q2 and the month of June are welcome – but...
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Rate Cut Will Help Firms in Choppy Waters 
Businesses will welcome the decision to cut the base rate to 4%, marking a further move away from a prolonged period of elevated borrowing costs.
Businesses will welcome the decision to cut the base rate to 4%, marking a further move...
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