BCC's Head of Economics and Trade, Suren Thiru, discusses why registering for an EORI number is so important for UK firms that currently trade with the EU.
Dr Adam Marshall, Director General, of the British Chambers of Commerce comments on the announcement that the government will act on the BCC’s call to automatically issue businesses with an EORI number.
Many UK exporters are treading water at a time of deep uncertainty, according to the latest Quarterly International Trade Outlook from the British Chambers of Commerce, in partnership with DHL.
Today the British Chambers of Commerce – which represents 75,000 firms of all sizes and sectors, employing 6 million people – has written to incoming Prime Minister Boris Johnson setting out 15 urgent, immediate steps that the PM must address on arrival in Downing Street to boost business confidence and stimulate the UK economy.
The British Chambers of Commerce’s Quarterly Economic Survey – the largest private sector survey of business sentiment and a leading indicator of UK GDP growth, closely watched by policymakers including the Bank of England – finds that underlying economic conditions remained stagnant in the second quarter of 2019.
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.
The British Chambers of Commerce (BCC) and the Council of British Chambers of Commerce in Europe (COBCOE) announce that they have reached an agreement that will see 24 additional British Chambers across Europe become part of the BCC’s Global Business Network – significantly expanding the leading business organisation’s reach and practical, real-world support for trade between the UK and the Continent.
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.