BCC RESPONDS TO LATEST ONS LABOUR MARKET FIGURES

Commenting on the ONS Labour Market statistics for March 2022, BCC Head of Economics, Suren Thiru, said: “Rising payroll employment and declining unemployment suggests that demand for workers remains robust despite growing headwinds. “Although there was a modest pick-up in regular pay growth, wages are still comfortably trailing behind inflation, which is putting the brakes on consumer spending by eroding…

📢NEW MEMBER ALERT – GPI EUROPE📢

“The GPI Group was established in September 1990 and GPI Europe a.s., a dedicated and regulated company in Europe registered in Bratislava Slovakia, commenced in January 2017.Our focused aim is to bring financial advice all people irrespective of their current financial position.We are dedicated to bringing trusted advice based upon a skilled assessment of present…

SmartHead at EXPO 2020 in Dubai

SmartHead to represent sustainable innovations at EXPO 2020 in Dubai After last year’s postponement, EXPO 2020 officially began on October 1st. This time, in exotic Dubai. With its solution – the digital Sustainability Profile – SmartHead will represent innovations in the field of digitisation of corporate sustainability. The company’s SaaS product fits perfectly into the…

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

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 official records began in 1949.1    Following robust GDP growth…

Quarterly Economic Survey Q2 2021: Marked Improvement in Business Conditions but Inflation Concerns Hit Record Highs

Significantly more firms reporting improvements in key indicators, such as domestic sales and business confidence with some measures returning to pre-pandemic levels  However, these rises come from the lowest base in the 31-year history of the QES, and business conditions remain fragile  The balance of manufacturers expecting to increase their prices hits the highest level in the history of the QES dataset, while the proportion of businesses citing inflation as a…

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…

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…

President opens the “Race to Zero in Slovakia: Business” conference

On Thursday 18th of March 2021, Slovak President Zuzana Čaputová opened the “Race to Zero in Slovakia: Business” virtual conference together with the British Ambassador to Slovakia, Nigel Baker and with UK High Level Champion for Climate Action, Nigel Topping. In her speech, the president underlined the importance of collective effort in achieving net zero. “For…

JAGUAR LAND ROVER REIMAGINES THE FUTURE OF MODERN LUXURY BY DESIGN

New global strategy – Reimagine – announced for the British company under the leadership of Chief Executive Officer, Thierry Bolloré A sustainability-rich reimagination of modern luxury, unique customer experiences, and positive societal impact Start of journey to become a net zero carbon business by 2039 Reimagination of Jaguar as an all-electric luxury brand from 2025…