BCC Co-Executive Director Hannah Essex comments on the government's announcement that firms in England in the leisure, arts and beauty sectors will be allowed to reopen from 11 July.
The BCC's research and lobbying work has focused on the practical impacts on firms of the decision to leave the EU. The BCC is campaigning for clarity on the nature of the future relationship with the EU, and answers to the pragmatic concerns of businesses.
Our research and analysis below is intended to distill the complexity of the political process, and assess what the developments in the Brexit process mean in practical terms for businesses.
The British Chambers of Commerce today publishes an evaluation of official UK Government guidance to businesses on critical operational issues in the event of an unwanted ‘no deal’ exit on 31st October.
The leading business group has found that, at the time of publication, 31 of 36 business-critical areas are still marked amber or red, indicating that firms have incomplete or insufficient information available to plan thoroughly for a ‘no deal’ outcome.
The British Chambers of Commerce publishes new research demonstrating some of the potential real-world consequences of the UK leaving the EU without a deal on the 31st of October.
A survey of over 1,500 companies by the leading business group - covering of all sizes and sectors of business, across the UK - found that in the event of a ‘no deal’ exit on 31st October, nearly a quarter of firms surveyed (24%) say they would revise investment plans down, while just 4% would revise up.71% of respondents did not state that they would revise investment plans.
New research from the British Chambers of Commerce shows a concerningly high number of UK firms aren’t ready for a no deal Brexit. Business has consistently called on government to avoid a messy and disorderly exit but in light of the political turmoil and relentless uncertainty, clearer and more consistent information is needed to help them prepare.
The survey of over 1,500 firms from across the country, found that in the midst of conflicting political messages over the likelihood of no deal and remaining gaps in government guidance, two-fifths (41%) of UK businesses have not done a Brexit risk assessment.
The British Chambers of Commerce has created a Business Brexit checklist to help businesses consider the changes that leaving the EU may bring to their firm.
The UK's impending departure from the European Union will bring change for businesses of every size and sector. Chambers of Commerce believe that all firms - not just those directly and immediately affected - should be undertaking a Brexit 'health check', and a broader test of existing business plans.
The British Chambers of Commerce (BCC), in partnership with independent business funder, Bibby Financial Services (BFS), has conducted one of the biggest surveys of business opinion since the referendum, amassing the views of over 2,500 firms from across the UK.
We found that nearly two-thirds of firms still aren’t preparing for Brexit – and in the event of a ‘no deal’ outcome many would cut investment and recruitment plans.
BCC Co-Executive Director Hannah Essex comments on the government's announcement that firms in England in the leisure, arts and beauty sectors will be allowed to reopen from 11 July.
BCC Head of People Policy Jane Gratton comments on the Education Secretary's speech today on plans to reform Further Education at the Social Market Foundation.
BCC Director General Dr Adam Marshall comments on the Chancellor's Summer Statement, announced today.
BCC Co-Executive Director Claire Walker comments on the announcement of the government’s Kickstart Scheme, allowing employers to offer government-subsidised work placements for young people aged between 16-24 who are claiming Universal Credit and at risk of long-term unemployment.
