Commenting on the Office for National Statistics inflation figures for June 2022, Director of Policy and Public Affairs, Alex Veitch, said: “The rise in Consumer Prices Index inflation to 9.4% is the ninth monthly increase in a row and another record high. “That represents a huge amount...
Commenting on the latest ONS Labour Market statistics released today, BCC Head of People Policy, Jane Gratton, said: “The labour market remains incredibly tight, in many cases affecting firms’ ability to maintain normal operations. Although these figures show the employment rate has risen it is having...
We’re all now familiar with the cost of living crisis - how households are struggling to keep up with bills and afford the rapidly rising cost of food, fuel and other essentials. But there’s another crisis which is dramatically hitting businesses, and that’s the ‘cost of...
Construction; production and manufacturing; logistics; and hospitality facing greatest difficulties recruiting staff (all 78% or higher), but all sectors have significant issues BCC proposes three-point action plan to tackle the huge number of unfilled vacancies This includes urgent reform of the Shortage Occupations List...
We must not lose our international connectivity, say South Yorkshire business leaders on news that Doncaster Sheffield Airport’s future is in doubt The future of Doncaster Sheffield Airport is under threat after its board revealed they believe “aviation activity on the site may no longer be...
Reacting to the latest ONS figures on GDP for May 2022, David Bharier, Head of Research at the BCC, said: “Today's monthly GDP growth figure of 0.5% is welcome news but masks serious underlying issues of growing imbalances within the economy. “The construction sector continued to show buoyancy...
