Commenting on the announcement of new legislation on UKCA marking, Head of Trade Policy William Bain said: “In the midst of a cost of doing business crisis for many firms across Great Britain, this announcement brings welcome respite from major changes on electrical and consumer products. “Businesses...
Commenting on the latest ONS Labour Market statistics released today, BCC Head of People Policy, Jane Gratton, said: “The challenges facing businesses in the UK labour market remain very much the same. We have a critical shortage of skills and labour that is damaging firms and...
Reacting to the first ONS estimates on GDP for Q3 2022, David Bharier, Head of Research at the BCC, said: “Today’s figures, showing a 0.2% fall in the quarterly estimate for Q3 GDP, as well as a 0.6% fall in monthly GDP, solidify the picture that the economy...
Reacting to the World Trade Organisation’s (WTO) World Trade Report 2022 released at COP27, William Bain, Head of Trade Policy, said: “World leaders will do well to pay attention to this report. The WTO’s call to action is clear – trade in environmental goods and services...
54% of businesses say smoother customs procedures are the key to boosting UK exports 42% favour lowering tariffs, while 35% said there is a need to reduce regulatory barriers, and 29% want better support for smaller businesses Overcoming the new requirements of the...
Reacting to the PM’s resignation, Shevaun Haviland, Director General of the BCC, said: “Following weeks of chaos and uncertainty, the Prime Minister has resigned. Her resignation means the UK now faces even greater uncertainty, just as it stands on the cusp of a recession. “It is now...
