Reacting to today’s interest rate decision, Shevaun Haviland, Director General of the British Chambers of Commerce said: “Businesses will be giving a cautious welcome to today’s decision by the Bank of England to hold the base rate at 5.25%. Constant hikes in the cost-of-borrowing have had...
Following today’s update in the House of Commons on HS2, Alex Veitch, Director of Policy and Insights at the BCC, said: “Increased speculation about further possible delays or changes to HS2 will start alarm bells ringing and raise fears that key links are in jeopardy. “It is...
The BCC is urging businesses who want to boost their exports and reduce costs to quickly embrace a new era of digital trade. It made the call as the Government’s flagship Electronic Trade Documents Act finally came into force today (September 20). William Bain, Head of Trade...
Reacting to the latest inflation data from the ONS, David Bharier, Head of Research at the British Chambers of Commerce, said: “Today’s CPI rate of 6.7%, while proving stubborn, shows that inflation is continuing to gradually ease off. Producer price inflation (PPI) fell by 2.3%. This should...
If you’ve ever daydreamed about revamping your outdated online presence or perhaps launching a shiny new website, now's your golden moment. We've collaborated with the Chamber to roll out the Get Online Grant, tailor-made just for you! So, What’s the Deal? 1. Bespoke Website Worth £1000: This...
Ahead of this week’s interest rate decision, new research by the BCC Insights Unit shows nearly half of firms say the cost of borrowing is negatively impacting their business. When asked if their company is directly impacted by the current interest rate – whether positively, negatively,...
