Four in Ten UK Exporters Reporting Decreased Sales in Q1 2021

Balance of UK firms reporting increased export sales drops, despite already being at historically low levels. Hospitality firms, caterers, retailers and wholesalers all most likely to report decreased sales. Advance bookings and export orders show no signs of improvement, indicating that recovery is distant The British Chambers of Commerce’s Trade Confidence Outlook for Q1, released today, has revealed the stark issues facing UK exporters in the first months of this year. The survey of more…

STATEMENT: HIS ROYAL HIGHNESS PRINCE PHILIP THE DUKE OF EDINBURGH

At the British Chamber of Commerce in Slovakia, we are deeply saddened by the passing of His Royal Highness Prince Philip, The Duke of Edinburgh earlier today. Our thoughts and condolences are with Her Majesty The Queen and the Royal Family. His Royal Highness, as the longest-serving consort of a reigning British monarch, devoted his…

BCC says critical questions remain for businesses wanting to reopen

The BCC is urging the government to give businesses much greater clarity on its roadmap out of lockdown as firms continue to suffer.  The business organisation, which represents tens of thousands of companies of all shapes and sizes across the UK, has written to the government seeking updates on a number of vital issues.  In particular, it says firms need to know how the government is assessing…

BCC reacts to latest GDP and trade figures  

Commenting on GDP figures for January 2021 published today by the ONS, BCC Head of Economics, Suren Thiru, said:   “The latest data confirms a better than expected start to the year for the UK economy as the third lockdown and post-Brexit border disruption combined to trigger only a relatively modest decline in economic activity in January.    “The vaccine rollout and budget stimulus will boost output as restrictions…

The Chamber of Commerce Network is proud to celebrate International Women’s Day 2021

International Women’s Day (IWD) is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. The campaign theme for International Women’s Day 2021 is ‘Choose To Challenge‘. A challenged world is an alert world. And from challenge comes change. So…

BCC gives initial response to Budget 2021

Giving his reaction to the Chancellor’s budget, Dr Adam Marshall, Director General of the BCC, said: “There’s much to welcome in this Budget for business communities across the UK. The Chancellor has listened and acted on our calls for immediate support to help struggling businesses reach the finish line of this gruelling marathon and to begin their recovery. Extensions to furlough, business rates relief…

BCC welcomes new Brexit support fund for SMEs 

Commenting on the announcement of the fund, Suren Thiru, Head of Economics at the BCC, said:   “This is a welcome first step in dealing with some of the major issues that small businesses trading with the EU are facing. With their finances already under a significant squeeze firms, particularly those which export, are inevitably encountering difficulties in adapting to the complexities of…

BCC/Totaljobs: Increase in businesses attempting to recruit in Q4 despite November lockdown, while some sectors left behind

Results from the British Chambers of Commerce Quarterly Recruitment Outlook (QRO), in partnership with Totaljobs, found that while there was a modest improvement in the overall number of businesses attempting to recruit in Q4, sectoral disparities remain.  Fieldwork for the survey was carried out between 2 and 26 November 2020, during the second lockdown. It…