Reacting to the ONS GDP figures for October, David Bharier, Head of Research at the BCC, said: “The monthly growth in GDP for October of 0.5% is overshadowed by the underlying three-month trend revealed by the data, which shows a contraction in the economy of 0.3%. “As...
The BCC expects the UK economy to remain in recession for five quarters before an anaemic recovery in 2024, but inflation has likely peaked at 11%. UK Economic Outlook The British Chambers of Commerce (BCC) forecasts the economy will not return to growth until Q4 2023. UK...
Reacting to news of a consultation on a new trade deal with South Korea, William Bain, Head of Trade Policy at the BCC, said: “South Korea is a vital export market for the Chamber Network, but also a key source of semi-conductors for the UK manufacturing...
At the recent Annual General Meeting, held at the new Barnsley College Business Centre, Matthew Stephens of Castlebray Services, was appointed the new President of Barnsley & Rotherham Chamber of Commerce. A leading regional figure in property and regeneration development, Matthew Stephens has played an active...
Only 4% of businesses comprehensively understand the Retained EU Law Bill and its potential impact on them. 71% know no details or are not aware of the Bill at all. When asked which regulations they would keep, amend, or remove completely, over half (58%)...
The academic year of 2022/23 has seen the largest increase in schools participating in work experience in almost a decade. Most business owners agree that our young people need to know what “real work” all is about. Past students have said they “really enjoyed the...
