New research by the British Chambers of Commerce Insights Unit and technology firm Cisco, shows less than 30% of firms expect their workforce to be fully in person over the next five years. A survey of over 1,000 businesses, of which 96% were SMEs, found just...
Reacting to the ONS trade data for October 2023, William Bain, BCC Head of Trade Policy, said: “Weak economic growth globally, but particularly in Europe, continues to affect UK trade in this last quarter of 2023. While it is good to see goods exports picking up...
Responding to the latest GDP data from the ONS, David Bharier, Head of Research at the British Chambers of Commerce, said: “Today's data from the ONS showing 0.0% GDP growth for the three months to October, as well as a 0.3% fall in the month, confirms...
Responding to the latest Labour Market figures from the ONS, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce, said: “Labour market data continues to send mixed messages, as vacancies trend downward, but unemployment and employment remain largely static and pay growth...
The British Chambers of Commerce (BCC) has marginally upgraded its 2023 and 2024 GDP forecast but lowered the outlook for 2025, as economic growth for all three years flatlines. The BCC’s Quarterly Economic Forecast, ranked joint second most accurate by the Sunday Times, predicts the UK...
• Almost half (49%) of businesses say current customs checks and declarations are a barrier to exporting. This rises to 62% for manufacturers • Taxes and duties, due to tariffs, are the next biggest stumbling block for two fifths (40%) of firms. • Regulations, such as product...
