Proportion of UK exporters reporting increased export sales (29%) was largely unchanged for the 4th quarter running Proportion reporting decreased sales historically high at 25%, also little changed since 1 year ago in Q1 2021 Exporters more likely that non-exporters to expect increases to...
Commenting on the latest ONS GDP figures for February 2022, published today, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “While economic output continued to rebound in February, the significant slowdown in growth indicates that the UK economy was losing steam...
Commenting on the data Head of Trade Policy at the BCC William Bain said: “The effects of data collection changes still unwinding make monthly comparisons impossible, but taking a longer snapshot there are still issues of concern for businesses. EU exports were 0.3% lower in February...
Responding to the UK Government’s Spring Statement today, the CEOs of South Yorkshire’s Chambers of Commerce said in a joint statement ‘South Yorkshire businesses will welcome some of the measures announced today, especially those designed to blunt the increase in energy, recruitment, and fuel costs. Our...
The British Chambers of Commerce (BCC) is urging the Chancellor to take bold and decisive action in his Spring Statement to tackle the escalating cost of doing business crisis. As global and domestic headwinds mount following the invasion of Ukraine, the BCC believes he must act...
UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks - including Russia’s invasion of Ukraine. UK Economic Outlook – 2022 The British Chambers of Commerce has downgraded its expectations for UK GDP growth in 2022 to 3.6%, from 4.2%...
