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Economics

BCC Reacts to Chancellor’s Speech 
It was encouraging to hear the Chancellor recognising the huge potential of British business to grow the economy and her ambition to make that happen.
It was encouraging to hear the Chancellor recognising the huge potential of British business to grow...
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Cautious Approach on Rates Continues 
Today’s decision by the MPC to hold the interest rate at 5% is as expected and shows the Bank is taking a cautious approach to cutting.
Today’s decision by the MPC to hold the interest rate at 5% is as expected and...
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Headline Inflation Steady But Volatility Remains 
With CPI remaining steady in August at 2.2%, headline inflation continues to move into slightly calmer waters. However, clear areas of volatility remain.
With CPI remaining steady in August at 2.2%, headline inflation continues to move into slightly calmer...
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Business Secretary Updates BCC Business Council 
Business and Trade Secretary Jonathan Reynolds met with the BCC’s Business Council this morning, to discuss progress on the Government’s mission to kickstart economic growth.
Business and Trade Secretary Jonathan Reynolds met with the BCC’s Business Council this morning, to discuss...
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Services Sector Continues to Drive Growth 
It is important to look at the broader picture and growth of 0.5% in the three months to July is positive news.
It is important to look at the broader picture and growth of 0.5% in the three...
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BCC Economic Forecast 
The BCC Quarterly Economic Forecast has upgraded growth expectations for 2024 following an improved picture so far this year.
The BCC Quarterly Economic Forecast has upgraded growth expectations for 2024 following an improved picture so...
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Positive Partnership Talks With Chancellor
Our Director General has reaffirmed the BCC's commitment to work in partnership with Government, during talks with the Chancellor.
Our Director General has reaffirmed the BCC's commitment to work in partnership with Government, during talks...
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Inflation Ticks Up But Remains Close to Target 
Businesses will be pleased to see that inflation remains close to target, despite a small rise in the CPI rate last month.
Businesses will be pleased to see that inflation remains close to target, despite a small rise...
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Rate Cut Could Give Firms Welcome Breathing Space 
“Today's decision gives many smaller firms welcome breathing space and could trigger an increase in investment as borrowing costs decline."
“Today's decision gives many smaller firms welcome breathing space and could trigger an increase in investment...
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 Inflation Holding Steady
Today’s data indicating a 2% increase in the CPI rate shows the UK is exiting its three-year inflation crisis and makes a bank rate cut more likely.
Today’s data indicating a 2% increase in the CPI rate shows the UK is exiting its...
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