Suren Thiru, Head of Economics at the BCC said: “With firms continuing to face major cash flow difficulties, and our research suggesting that late payments have risen during the pandemic, businesses will be encouraged by the launch of a reformed prompt payment code. “The improved code must be...
The British Chambers of Commerce’s Quarterly Economic Survey (QES) – the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth – found that business conditions remained weak in the fourth quarter as the second lockdown squeezed activity. The bellwether survey of 6,203 firms, who employ nearly a million people across the UK, revealed...
Commenting on the support measures for business announced by the Chancellor, BCC Director General, Adam Marshall said: 'While this immediate cash flow support for business is welcome, it is not going to be enough to save many firms. We need to see a clear support package for the whole of 2021, not just another incremental intervention. “The...
British Chambers of Commerce calls for the government to give businesses more evidence, support and clarity to weather Coronavirus restrictions and help power our economic recovery. The British Chambers of Commerce has called on the UK government to meet the five business tests it set out...
British Chambers of Commerce calls for evidence and clarity for businesses as government mulls post-December 2nd Coronavirus restrictions in England The British Chambers of Commerce has called on the UK government to publish its approach to national Coronavirus restrictions in England without delay, providing firms with: at least one week’s notice ahead of December 2nd; scientific evidence for any continuing restrictions on specific business sectors; and ...
Results from the British Chambers of Commerce Quarterly Recruitment Outlook (QRO), in partnership with Totaljobs, found that the number of firms attempting to recruit in the third quarter had increased on the previous one, albeit from historic lows. The survey, carried out in August and September ahead of the resurgence of...
