BCC RESEARCH FINDS LITTLE LOVE FOR EU TRADE DEAL

·         71% of exporters say EU trade deal is not enabling them to grow or increase sales  ·         Only 1 in 8 exporters think it is helping them grow or increase sales  ·         Majority think it has pushed up costs, increased paperwork and delays, and put the UK at a competitive disadvantage.   New research* carried…

Responding to the Chancellor’s announcement on the cost-of-living crisis, Hannah Essex, Co-Executive Director of the BCC, said:

“While assistance for households is welcome, businesses will be dismayed at the lack of support for those firms also struggling with their energy bills.  Many have already been hit by steep rises, with further significant spikes expected as existing fixed tariff contracts come to an end in the coming months.   “Smaller firms are particularly exposed as they have…

Press Release – Cushman & Wakefield

Dve tretiny slovenských firiem v kanceláriách ponúkajú zamestnancom prácu z domu -výsledky dotazníka nájomcov kancelárií- BRATISLAVA, 2. februára 2022 – Na základe posledných údajov z nedávneho prieskumu na trhu kancelárskych nájomcov na Slovensku realitno-poradenskej spoločnosti Cushman & Wakefield vyplýva, že dve tretiny slovenských firiem ponúkajú zamestnancom prácu z domu, uvedomujú si však výhody práce z kancelárie. Prieskum bol uskutočnený na…

New generation of exporters needed to power economic growth – BCC Trade Manifesto

The British Chambers of Commerce has set out its manifesto to recruit legions of new UK exporters as its research continues to show poor overseas trade growth: In Q4 of 2021, just over a quarter of exporting firms (29%) saw their overseas sales increase Almost half (47%) saw no change, and a quarter (24%) reported a decrease This is despite substantially more firms reporting improved domestic conditions,…

Quarterly Economic Survey Q4 2021: Recovery weakening as inflation worries soar

·                   58% of firms expect their prices to increase in the next three months, the highest on record. 66% of businesses cited inflation as a concern, also a record high  ·                   1 in 4 (27%) firms were worried about rising interest rates, as concerns over rate hikes among manufacturers reach record high   ·                   Just under…

Commenting on today’s interest rate decision by the Bank of England’s Monetary Policy Committee, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

“The Bank of England’s decision to raise interest rates was surprising given mounting uncertainty over the economic impact of the Omicron variant. While today’s rate increase may have little effect on most firms, many will view this as the first step in a longer policy movement – not as a partial reversal of last year’s…

Curfew will be valid at night; family gatherings allowed

Restaurants remain closed. Compiled by Spectator The government approved another round of milder measures. From December 17, people will be allowed to visit each other. The cabinet approved gatherings up to a maximum of six people, or for members of one household. This comes after Health Minister Vladimír Lengvarský told the public last week that…