Close

Finance


Autumn Budget 2018

Autumn Budget 2018

Coming just months before the UK's departure from the EU, this year's Autumn Budget came at a crucial time for business.

The BCC called on the Chancellor to take bold measures to bolster business investment, competitiveness and productivity in the face of Brexit headwinds.

The Chancellor delivered on a number of asks from the Chamber Network, including:

  • Raising the Annual Investment Allowance from £200,000 to £1m
  • Business rate relief for the high street
  • Lowering the cost for SMEs training apprentices
  • Help for repairing local roads and improving rural broadband


Read our full response
Businesses in the dark on Making Tax Digital

Businesses in the dark on Making Tax Digital

Ten months ahead of its planned introduction, an alarmingly high proportion of UK businesses have little or no awareness of HM Revenue and Customs’ flagship Making Tax Digital project, according to new research by the British Chambers of Commerce, in partnership with Avalara.

  • 24% of firms have never heard of Making Tax Digital, which comes into effect next April for VAT
  • Only 10% of firms know ‘a lot of details’ about the switch to the digitised tax system



Find out more
Credit ‘apathy’ restricting potential growth opportunities for SMEs

Credit ‘apathy’ restricting potential growth opportunities for SMEs

Over half of UK businesses have not attempted to apply for finance over the past year amid limited investment intentions and weakening cash flow, according to new research released by the BCC, in partnership with specialist finance provider, Wesleyan Bank.

According to the results of the survey of over 1,100 firms from across the UK, over half (56%) of businesses did not attempt to access finance over the last year. Smaller firms were less likely to access finance than larger businesses. Almost two-thirds (63%) of small firms (1-9 employees) did not seek finance, compared just over a third (39%) of larger firms (50 or more employees).



Find out more
Tax complexity and ‘red tape’

Tax complexity and ‘red tape’

The vast majority of UK businesses believe the cost of complying with the UK tax system has escalated over recent years, according to new research released by the BCC in partnership with Avalara.

A survey by the BCC of over 1,100 firms from across the UK found that three in four (75%) believe the overall burden of tax administration and compliance – the HMRC equivalent of ‘red tape’ – has increased compared to five years ago.



Find out more
The BCC is campaigning to fix the fundamentals of the UK economy:

The BCC is campaigning to fix the fundamentals of the UK economy:


Many of the biggest challenges and opportunities facing the UK economy, including the growing skills gap, have little or nothing to do with the UK’s departure from the European Union.
Find out more
BCC comments on government response to Taylor Review

Claire Walker, Co-Executive Director of Policy and Campaigns at the BCC, comments on the government's response to Matthew Taylor's 'Good Work' report.

BCC sets out concerns to Prime Minister ahead of publication of Immigration White Paper

Director General Adam Marshall writes to Prime Minister Theresa May, calling for a post-Brexit immigration system that works for all businesses and the wider economy.

How can the High Value Manufacturing Catapult help your business?

David Riches from the BCC writes about how the High Value Manufacturing Catapult can help businesses innovate and grow.

BCC: Time to put political games to bed

Director General Adam Marshall comments in the aftermath of the vote of confidence in Prime Minister Theresa May.