The British Chambers of Commerce and Legal & General have published a major report detailing how best to boost investment in our towns and cities across the UK, how they face barriers to investment, and how unlocking any further investment will help growth
The report, titled Building the Towns and Cities of Tomorrow, looks in detail at eight cities across the country, and finds that despite the positives associated with urban regeneration, the complex issues facing our towns and cities require action across many fronts. The economic weight of London brings challenges and opportunities; an entrenched problem is the real or perceived lack of prospects – with post-industrial towns not providing or showcasing the opportunities for ambitious careers.
Find out how the High Value Manufacturing Catapult could support your business with the resources needed to innovate and grow.
Over a third of businesses don’t believe that the UK’s road and rail networks are meeting their needs, according to the latest research by the British Chambers of Commerce .
The results, based on a survey of over 1,100 business across the UK, found that 39% of firms don’t believe that UK’s rail network meets their needs in accessing new and existing customers, suppliers and employers, compared to 34% that do.The survey also found that over a third of businesses (36%) believe that the UK rail network is less reliable than five years ago, compared to only 17% that say it’s more reliable.
BCC, in partnership with the Port of Dover, finds that over a third (36%) of traders rely on the just-in-time delivery of material and components, but that many are not preparing for changes to customs procedures after Brexit.
Nearly a third (29%) of companies believe they will be impacted in terms of administration, costs or operations by delays or congestion at UK or European ports after Brexit but still aren’t yet planning for it.
The planning system in England is more complex, costly and difficult for business than it was five years ago, according to a major report published by the British Chambers of Commerce.
The BCC report says that five years after the introduction of the National Planning Policy Framework (NPPF), which was designed to make the system less complex and more accessible, businesses are experiencing too many delays and barriers to investment.
Find out how the High Value Manufacturing Catapult could support your business with the resources needed to innovate and grow.
A survey of 2,600 UK exporters has revealed that the recovery in export sales has largely stalled in Q3. The proportion of firms reporting increased sales rose only three points (to 30%) from Q2 (27%), whilst the proportion reporting decreased sales fell by just two points (Q3:26%/ Q2: 28%).
The announcement of a deal between the US, the UK, France, Austria, Italy and Spain on digital services taxes, and transitioning unilateral measures taken beforehand, will be strongly welcomed by business in the UK
It’s no secret that a lot of small businesses have been hit hard by Covid-19. Both at TSB and through the work of the All-Party Parliamentary Group (APPG) on Fair Business Banking, we’ve seen the determination and sheer hard work firms have put in to adapt and survive through the toughest environment most of us can remember.
The BCC looks forward to engaging with the UK Government and the New Zealand Ambassador in the final stages of these negotiations and to giving our views on the draft text at the earliest opportunity.
