Business News

BCC Forecast: business investment set to be left behind in record economic recovery 

10 September in Business News, Chamber News

UK business investment is expected to decline this year despite the prospect of record economic growth, according to the British Chambers of Commerce (BCC) economic forecast. The leading business group predicts UK GDP growth for 2021 of 7.1%, which, if realised, would be the strongest outturn since...

Announcement of Extension of CE Marking Easement – BCC Reaction

25 August in Business News, Chamber News

“The British Chambers of Commerce has led business calls for an extension of at least a year on the easement for CE markings on imported industrial goods, spare parts, and components.       “Businesses will welcome this reprieve until 1 January 2023, which will protect supply chains and...

Commenting on ONS Labour Market statistics for August 2021 published today, BCC Head of Economics, Suren Thiru, said:

16 August in Business News, Chamber News

“The latest figures confirm that the UK jobs market is recovering strongly as the boost to demand from the easing of restrictions helped drive higher payroll employment in July.      “Record vacancies confirm ongoing recruitment difficulties. Although the changes to self-isolation rules will help, with many firms facing a more...

Carbon footprint a mystery to 9 out of 10 small businesses

09 August in Business News, Chamber News

National business survey finds vast majority of small businesses have yet to put targets in place to reduce their emissions – with the pandemic pushing climate action down the agenda Just 11% of respondents measure their carbon footprint, although half of respondents acknowledge their customers are worried about the environment Larger firms...

RETRAINING ESSENTIAL AS 1 IN 5 FIRMS CONSIDER REDUNDANCIES POST-FURLOUGH

02 August in Business News, Chamber News

The BCC has called for government to extend skills training as new research showed nearly 1 in 5 companies are considering staff redundancies as the next phase of furlough tapering begins. With older workers much more likely to still be on furlough, there is concern that they could go unutilised unless support for retraining is immediately put in place. The survey, carried out by BCC, asked over...