Close

International Trade Survey

Uncertainty around Brexit, tariffs and exchange rates holding back UK exports

Uncertainty around Brexit, tariffs and exchange rates holding back UK exports

The British Chambers of Commerce (BCC) and Bibby Financial Services (BFS) have revealed that uncertainty around Brexit, tariffs and exchange rate volatility are holding back the potential of many UK exporters.

The recent survey included 1,140 internationally active UK businesses, and found that general uncertainty around Brexit was considered the top barrier to export, listed by almost half (47%) of businesses, followed by specific concerns around tariffs and exchange rate volatility, listed by 35% and 33% respectively.

FIND OUT MORE
Six months to Brexit: Investment and recruitment would be cut in the event of ‘no deal’

Six months to Brexit: Investment and recruitment would be cut in the event of ‘no deal’

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.

  • A fifth of businesses surveyed (21%) will cut investment if there is ‘no deal’, 20% will move part or all of their business to the EUand 18% will cut recruitment – but in the event of a status quo transition these numbers fall dramatically
  • 62% of firms still haven’t completed a Brexit risk assessment
Find out more
BCC responds to new national Coronavirus restrictions

BCC Director General Adam Marshall responds to new national restrictions for England to combat a rising number of Coronavirus cases, announced by the Prime Minister today (22 September).

BCC announces future change of Director General 

The Board of the British Chambers of Commerce (BCC) has today announced that Director General Dr Adam Marshall will leave the organisation in the Spring of 2021. 

BCC responds to government support to prevent business evictions

BCC Co-Executive Director Claire Walker comments on extended support to prevent business evictions until the end of 2020, announced by the government today.

BCC responds to ONS' September labour market figures

BCC Head of Economics Suren Thiru comments on the ONS labour market figures for September 2020.