News Archives

QES Results: Decisions on hold

The message coming out of this quarter’s economic survey report is that companies across our region are in a holding pattern, awaiting the outcome of Brexit negotiations. Manufacturers reported increasing sales over the last quarter, both home and abroad, outperforming the national average. Some of this has been attributed to companies focusing on UK markets where customers higher up the

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Written on April 4, 2019Mike Cartwright. Published in Bradford, Chamber News, Economy, EU, Leeds, Lobbying, Media, News, Policy, QES, York

BCC QES: Business hits the brakes

The British Chambers of Commerce’s quarterly economic survey shows key indicators weakened considerably in early 2019.  The balance of services firms reporting a rise in export sales at its lowest level in a decade The balance of firms reporting improved cashflow turned negative for the first time since 2012 Investment intentions in both manufacturing and services sectors at lowest level

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Written on April 2, 2019Mike Cartwright. Published in BCC, Chamber News, Economy, Lobbying, News, Policy, QES

BCC: Growth forecast downgraded

The British Chambers of Commerce (BCC) has today (Monday) slightly downgraded its growth expectations for the UK economy, forecasting growth of just 1.2% in 2019 (down from 1.3%), which if realised would be the weakest growth in a decade. The BCC has also downgraded its growth forecast for 2020 to 1.3% (down from 1.5%) and published its first forecast for

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Written on March 18, 2019Mike Cartwright. Published in BCC, Bradford, Chamber News, Economy, Leeds, Lobbying, Media, News, Policy, York

Spring Statement: BCC Reaction

Commenting on the Spring Statement, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said: “The Chancellor is right to warn of the risks that a messy and disorderly exit on March 29th would pose for the economy. Westminster must heed the fact that businesses and government agencies are simply not ready for such an abrupt change,

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Written on March 13, 2019Mike Cartwright. Published in BCC, Bradford, Chamber News, Economy, Leeds, Lobbying, Media, News, Policy, York

Monthly Economic Review – March 2019

The latest monthly economic review from the British Chambers of Commerce (March 2019) is available to download here. The key headlines this time around are: • UK GDP growth slowed in Q4 2018 as the manufacturing sector weakens further • Business investment in the UK continues to contract as the trade deficit widens • UK jobs market strengthens further as

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Written on March 13, 2019Mike Cartwright. Published in BCC, Bradford, Economy, Leeds, Lobbying, News, Policy, Uncategorized, York

Property & Power: What’s in it for you?

Business are being invited to attend an event that will hear about two ongoing initiatives that will drive forward economic growth in Bradford and West Yorkshire. Bradford Property Forum will meet on Tuesday 12 March and hear from two speakers. Keyland Developments will present on their plans to create a multi-purpose commercial and residential scheme on a 30-acre site around

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Written on February 21, 2019Mike Cartwright. Published in Bradford, Construction, Economy, Leeds, Lobbying, News, Policy, Property

Survey Results: Pause button hit on investment

Regional business ended the year strongly but uncertainty is holding back decision-making; these are the main findings from the Chamber’s last economic survey of 2018. Carried out in partnership with Leeds City Region Enterprise Partnership, the survey highlighted strong employment across the region but indicated a slowing in investment intentions. Chamber Chair Gerald Jennings said: “The results suggest that major

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Written on January 14, 2019Mike Cartwright. Published in Bradford, Chamber News, Economy, EU, Leeds, Lobbying, News, Policy, QES, York

Survey shows stalling economy

The British Chambers of Commerce’s quarterly economic survey finds that the UK economy ended 2018 stuck in a weak holding pattern, with stagnating levels of growth and business confidence as a result of heightened Brexit uncertainty and other economic pressures. Key findings: Percentage of services firms reporting an increase in domestic sales and orders drops to two-year low Recruitment difficulties

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Written on January 3, 2019Mike Cartwright. Published in BCC, Bradford, Chamber News, Economy, Leeds, Lobbying, Media, News, QES, York

Outlook weakens for business investment

Uncertainty over the UK’s future relationship with the EU is one factors that has weakened the outlook for business investment, says the British Chambers of Commerce (BCC). A decline of -0.6% for business investment in 2018 is expected to be followed next year with growth of just 0.1%.  The figures coincide with the repeated delays and lack of clarity on

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

Budget – Detailed Reactions & Measures Outlined

For detailed information on various aspects of the 2018 Budget, see the links below. Breakdown of measures announced, categorised into subjects – click here British Chambers of Commerce comments on various measures – click here Economic summary of key points and OBR forecast – click here West & North Yorkshire Chamber of Commerce initial reaction is below. “We know that

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Written on October 30, 2018Mike Cartwright. Published in BCC, Bradford, Chamber News, Economy, Leeds, Lobbying, Media, News, Policy, York