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Chamber news: Rates Held Amid Growing Price Pressures 

Chamber news: Rates Held Amid Growing Price Pressures 

by | Dec 19, 2024 | British Chambers of Commerce, News

Reacting to the latest interest rate decision, Stuart Morrison, Research Manager at the British Chambers of Commerce, said:  “With inflation ticking up and wage growth accelerating, it’s unsurprising the Bank of England is adopting a cautious approach by holding...
Chamber news: Rates Held Amid Growing Price Pressures 

Chamber news: Inflation Jumps as Businesses Face Mounting Costs

by | Dec 18, 2024 | British Chambers of Commerce, News

Reacting to the latest inflation data released this morning, David Bharier, Head of Research at the British Chambers of Commerce, said:  “A slight ticking-up of the CPI to 2.6% shows that inflation remains a threat to the UK economy. The Bank of England is likely...
Chamber news: RED-LETTER DAY AS ASIA-PACIFIC TRADE DEAL STARTS

Chamber news: RED-LETTER DAY AS ASIA-PACIFIC TRADE DEAL STARTS

by | Dec 16, 2024 | British Chambers of Commerce, News

Reacting to the UK formally joining the Comprehensive and Progressive agreement for Trans-Pacific Partnership (CPTPP) today, William Bain, Head of Trade Policy at the BCC, said:   “This is a red-letter day for our traders.  There are few multi-national trade...
Chamber news: Economy Stutters with Extra Business Costs Approaching 

Chamber news: Economy Stutters with Extra Business Costs Approaching 

by | Dec 13, 2024 | British Chambers of Commerce, Export, News

Reacting to the latest GDP data released this morning, David Bharier, Head of Research at the British Chambers of Commerce, said:   “With growth of just 0.1% in the three months to October and an unexpected fall in the monthly GDP, the UK economy was already...
Chamber news: Exports Slowing But Services In Better Shape 

Chamber news: Exports Slowing But Services In Better Shape 

by | Dec 13, 2024 | British Chambers of Commerce, Export, News

Responding to the latest ONS data on trade, William Bain, Head of Trade Policy at the BCC, said:       “There has been a slowdown in both services and goods trade in the three months since July. This links in with other economic data showing a dampening of...
Chamber news:  UK Must Reform For Challenging New Trade Era 

Chamber news:  UK Must Reform For Challenging New Trade Era 

by | Dec 11, 2024 | British Chambers of Commerce, News

A new Global Britain report from the British Chambers of Commerce is urging the Government to get the UK match fit for a more fractious era in trade.             The report has 26 recommendations focussed on export growth, trade alliances,...
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