BCC says that the news that phase three would proceed would be welcome by businesses across England as they get ready to re-open their doors on Monday May 17.
Our research and analysis distils and assesses what the developments in the transition period mean in real 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 says that the news that phase three would proceed would be welcome by businesses across England as they get ready to re-open their doors on Monday May 17.
The company will invest £10 million over three years in training up to 5,000 employees in new skills to meet the UK’s future employment needs outside of Amazon. It is partnering with the British Chambers of Commerce and local businesses to identify regional skills shortages to focus training on local needs
The British Chambers of Commerce has published new survey data which show that the vast majority of responding businesses have no plans in place to require evidence of vaccination from customers, suppliers or employees.
Commenting on GDP figures for Q1 2021, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “While the UK economy contracted in the first quarter, the downbeat headline figure masks a renewed momentum through the quarter from January’s drop in output to an exceptionally strong March outturn as lockdown measures started to ease.
