Baroness Ruby McGregor-Smith, CBE, President of the British Chambers of Commerce, said: “The need for the Chief Medical Officer to advise the public to ‘de-prioritise social contacts’ at tonight’s press conference will almost certainly have an enormous impact for businesses, particularly in the hospitality sector. Despite this still we heard no news...
Commenting on the inflation statistics for November 2021, published today by the Office for National Statistics, Head of Economics at the BCC Suren Thiru, said: “The latest figures confirms that the surge in inflation continued unabated in November. “The increase largely reflected higher fuel prices and strong base effects which pushed up...
On Tuesday 18th January South Yorkshire Chambers are hosting an interactive workshop for employers to tell us what support you need to develop in your workforce for your company’s future growth and development. We want to know about what works, what barriers you face and your...
The UK economy will grow at a slower pace than expected with trade set to lag significantly behind the wider recovery, according to the British Chambers of Commerce’s (BCC) latest economic forecast. UK Economic Outlook – 2021 The leading business group has downgraded its expectations for UK GDP growth in 2021 from 7.1% to 6.8%. The downgrade reflects the expectation that the UK's economic recovery will stall in the final...
Baroness Ruby McGregor-Smith, CBE, President of the British Chambers of Commerce, said: “We have been calling on the UK Government for several months to set out what contingency plans for business would look like if further restrictions were needed this winter. Yet again, firms are now being asked to make changes at the very last minute. Restrictions will also impact on...
Reacting to the news that the eastern leg of HS2 and Northern Powerhouse Rail will no longer proceed as planned, Shevaun Haviland, Director General of the BCC, said: “This will be huge disappointment to the thousands of businesses that were relying on HS2 and NPR to fire up economic regeneration...
