Business News

BCC Responds to UK-NZ Announcement of Agreement in Principle on Trade

21 October in Business News, Chamber News

William Bain, Head of Trade Policy at the British Chambers of Commerce, said:  “Business will welcome an Agreement in Principle between the UK and New Zealand covering trade in goods and services.   “We particularly welcome the intention to agree comprehensive chapters on market access, labour mobility and professional qualifications, digital trade,...

New data shows export recovery remains flat amid disruption to supply chains

21 October in Business News, Chamber News

Proportion of UK exporters reporting increased export sales (30%) rose slightly from Q2 (27%)  However, proportion reporting decreased sales remained stubbornly and historically high at 26%, while 45% report no change  Recovery in manufacturing exports began to fall back slightly from previous quarter  A survey of 2,600 UK exporters has revealed that the recovery in export sales...

RESPONSE TO LATEST INFLATION FIGURES

20 October in Business News, Chamber News

Commenting on the inflation statistics for September 2021, published today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:   “September’s dip in inflation reflects temporary data distortions rather than the reality on the ground.   “The slowdown was largely...

Response to Government Net Zero Announcements

19 October in Business News, Chamber News

Shevaun Haviland, Director General of the British Chambers of Commerce, said:  On the Net Zero Strategy  “This is a positive step on the journey to net zero, however many questions on how we will get there still remain unanswered.  “The key requirement for a successful transition to a carbon neutral economy are meaningful incentives for...

Quarterly Economic Survey Q3: Despite Fragile Recovery, Anaemic Cash Flow and Investment with Record Inflationary Pressures Places Economy Under Strain

08 October in Business News, Chamber News

Download the report Business activity improving as more firms report increased domestic sales (47%), the highest since the start of the crisis Inflation expectations hit record highs as 62% of manufacturers expect their prices to rise in the next three months One in fivefirms reported a decrease...