News Archives

Budget Submission: Measures to counter Brexit headwinds

Lobbying key decision makers

The British Chambers of Commerce has met with the Chancellor of the Exchequer ahead of the upcoming Autumn Budget. BCC has proposed action in seven key areas: • An exceptional ‘Brexit Investment Incentive’ – with the Annual Investment Allowance boosted to £1m to ‘crowd in’ both domestic and international investment – and stem the weakening in business investment in the

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Written on October 18, 2018Mike Cartwright. Published in BCC, Bradford, Chamber News, Economy, EU, Leeds, Lobbying, News, Policy, York

Survey says Brexit affecting international trade

A survey by British Chambers of Commerce (BCC), in partnership with DHL Express UK, has today (18 Oct 2018) revealed that almost half – 49% – of businesses have uncertainty over Brexit front of mind when deciding whether to trade internationally, highlighting the economic cost of the persistent lack of political clarity. A similar number (48%) of firms are concerned

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Written on October 18, 2018Mike Cartwright. Published in BCC, Bradford, Chamber News, EU, Export, Leeds, Lobbying, Media, News, York

BCC response to PM’s Brexit Statement

The British Chambers of Commerce has responded to the Prime Minister’s statement today (Friday 21 Sep 2018) on the negotiations with the EU on Brexit.  The BCC response is below. “While the Prime Minister’s determination to reach a deal is appreciated, businesses tell us over and over that the time for posturing from both sides is over.  Businesses across the

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Written on September 21, 2018Mike Cartwright. Published in BCC, Brexit, Chamber News, EU, Lobbying, Media, News, Policy

BCC: Growth expectations downgraded

The British Chambers of Commerce (BCC) has downgraded its growth expectations for the UK economy, forecasting GDP growth for 2018 at just 1.1% (down from 1.3%). The BCC has also downgraded its GDP growth forecast for 2019 from 1.4% to 1.3%. Our latest forecast implies that by 2020 the UK economy will have experienced its second weakest decade of average

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Written on September 19, 2018Mike Cartwright. Published in BCC, Chamber News, Economy, Economy, Lobbying, News, Policy

Sterling volatility is major exporter concern

A national Chamber survey of 2,600 exporters has found that confidence in future operations remains strong, but external economic and political factors are having an impact. The results show 60% of exporting manufacturers were more concerned about exchange rates in the second quarter of the year than previously. There was also increased concern among 43% of service exporters, highlighting the

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Written on August 31, 2018Mike Cartwright. Published in BCC, Bradford, Brexit, Chamber News, EU, Export, Leeds, Lobbying, Manufacturing, Media, News, Policy, York

BCC comment ahead of ‘no deal’ Brexit notices

Commenting ahead of the publication of technical notices from the government relating to the possibility of ‘no deal’ in the Brexit negotiations, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said: “Businesses have waited too long for answers to some basic questions around Brexit – and have been particularly frustrated by the lack of clear guidance

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Written on August 22, 2018Mike Cartwright. Published in BCC, Bradford, Brexit, Chamber News, EU, Leeds, Lobbying, Media, News, Policy, York

BCC: Mental health at work now becoming less taboo, say BCC and Aviva

Latest findings reveal Almost 30% of businesses have seen an increase in the number of staff taking time off for mental health reasons, according to a survey conducted by leading business organisation British Chambers of Commerce, and Aviva, the UK’s largest insurer. One in three (33%) business leaders have also noticed an increase in the length of time that staff are

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Written on August 7, 2018Iain Moyser. Published in BCC, Chamber News, Media

UK set for pay rise, says BCC and Indeed

One in two businesses (50%) are set to grant staff pay rises of over 2% in the next year, according to a new survey by leading business organisation British Chambers of Commerce (BCC) and online recruitment company Indeed. The survey, of over 1,000 businesses of all sizes and sectors, reveals that 6% of firms will increase pay by more than

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Written on August 2, 2018Iain Moyser. Published in BCC, Chamber News

BCC comments on inflation figures

Commenting on the inflation statistics for June 2018, published today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “Inflation was unchanged in June for the second successive month, with the upward price pressure from higher fuel costs offset by falling prices for a number of items, including clothing. “The

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Written on July 18, 2018Iain Moyser. Published in BCC, Chamber News, Economy, Policy

BCC: business alarm on potential Brexit VAT bombshell

Commenting on the passage of amendments to the Customs Bill, which commit the government to fully separating the UK from the EU VAT regime, Adam Marshall, Director General of the British Chambers of Commerce, said: “This is the first view businesses have on what the VAT regime could be like after Brexit – and it doesn’t look pretty. “A separate

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Written on July 17, 2018Iain Moyser. Published in BCC, Brexit, Chamber News, Policy