Reacting to the ONS GDP figures for Q4 2022, David Bharier, Head of Research at the BCC, said: “Today’s GDP estimates, while indicating the economy technically avoided a recession, show some worrying developments. Production output fell by 0.2% in Q4 2022, eight of the 14...
Commenting on today’s Bank of England interest rate rise, David Bharier, Head of Research at the British Chambers of Commerce (BCC), said: “The Bank's decision to raise interest rates for a 10th consecutive time continues its hard-line approach to inflation, but this is not without serious side-effects. “Those impacted...
82% of businesses attempting to recruit have faced challenges, with hospitality and manufacturing firms most likely to report difficulties Over six in ten (61%) businesses are actively trying to recruit staff BCC calls on Government to work with business on solutions including childcare support...
Businesses are being asked to complete a short online survey to help understand the skills needed to accelerate the adoption of digital skills and reduce the skills gap felt by South Yorkshires businesses. Barnsley & Rotherham, Doncaster and Sheffield Chambers of Commerce will help lead the...
Reacting to the Chancellor’s speech setting out his vision for economic growth, Shevaun Haviland, Director General of the BCC, said: “The Chancellor is right to be optimistic for the future of British businesses which are desperate to grow and prosper. “Our Chamber Network is jam-packed with innovative...
Commenting on the Office for National Statistics inflation figures for December 2022, BCC Head of Research, David Bharier, said: “A second consecutive easing in the rate of inflation to 10.5%, while minimal, suggests the peak has now passed. A further fall in the growth of fuel...
