BCC reacts to latest Labour Market Figures

Commenting on ONS Labour Market statistics for May 2021 published today, BCC Head of Economics, Suren Thiru, said:  “The decline in the unemployment rate and the rise in payroll employment is further confirmation that the UK jobs market is now more resilient to the ongoing restrictions.  “Continued government support and the easing of restrictions as the UK moved to step two of the government’s roadmap helped drive higher payroll employment in April.   “The rise…

BCC reacts to latest GDP figures 

Commenting on GDP figures for Q1 2021, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:   “While the UK economy contracted in the first quarter, the downbeat headline figure masks a renewed momentum through the quarter from January’s drop in output to an exceptionally strong March outturn as lockdown measures started to…

BCC & Barclays LifeSkills release report revealing businesses’ thoughts on futureproofing for a post-pandemic world

The joint report:  Finds that new ways of working introduced during the pandemic offer opportunities for both employers and staff  Highlights how supporting employees’ mental wellbeing and digital skills will become increasingly important  Shows that equipping school-leavers with key people skills to deal with new working arrangements will be vital  The British Chambers of Commerce and Barclays LifeSkills have today…

Statement by Vice-President Maroš Šefčovič following his meeting with Lord David Frost

Brussels, 16 April 2021 Vice-President Maroš ŠefÄŤoviÄŤ, EU Co-Chair of the Withdrawal Agreement Joint Committee,held an informal meeting yesterday evening in Brussels with Lord David Frost. The meeting took place in a constructive, solution-driven atmosphere. It forms part of the EU’s overall intense efforts to find joint solutions to ensure that the Protocol on Ireland /…

BCC SAYS MODEST GROWTH IN GDP OFFERS SOME HOPE FOR THE FUTURE

Commenting on GDP figures for February 2021 published today by the ONS, BCC Head of Economics, Suren Thiru, said:  “The latest data confirms a modest return to growth in February. However, coming after a contraction in January, it does little to alter the prospect of a downbeat first quarter for the UK economy.  “The pick-up in output in…

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…