Latest updates and stories from Bedfordshire Chamber of Commerce and its Members

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The British Chambers of Commerce (BCC) has today (Monday) upgraded its UK GDP growth forecast from 1.8% to 2.1% for 2016, and from 1.0% to 1.1% in 2017. However, it has also downgraded expectations for 2018 from 1.8% to 1.4%.

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As part of the Local Plan examination process, Capital & Regional has set out a vision for a multi-functional town centre, thriving daytime and evening, seven days a week, and has shown that Luton can achieve economic growth in the town centre, adapting to changing 21^st century lifestyles without relying on out-of-centre development.

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Giving his full reaction to the Autumn Statement, Adam Marshall, BCC Director General, said:

“Philip Hammond has delivered a responsible, solid and focused package that will reassure both business and markets.

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Adam Marshall, Director General, British Chambers of Commerce (November 2016)

Following the launch of the "Right to Rent" Scheme in February 2016 which required checks on new tenants and prohibited private landlords renting their residential properties to certain people based on their immigration status, further legislation known as the "Immigration Act 2016" is due to come into force from December 2016.

Energy is a major overhead for many companies, especially in manufacturing, but it’s always been difficult deciding whether to have a fixed price or flexible contract.

Pictured are some of the Peli BioThermal team who took part in Cycle to Work Day.

Robinson Hall have just completed the project management for the conversion of a damp and dark basement to a light, airy and vibrant exhibition space at Bunyan Meeting.

• In the three months to August 2016, employment rose by 106,000 and unemployment increased by 10,000
• The unemployment rate was 4.9%, down from 5.4% a year ago
• The claimant count in September 2016 rose by 700 compared with August 2016

The British Chambers of Commerce (BCC) is delighted to announce the appointment of Adam Marshall as its new Director General with immediate effect. Adam initially took on the role on an Acting basis following the resignation of John Longworth in March 2016, and was appointed to the role on a permanent basis following a robust recruitment process.

How local people are benefitting from business investment.

Bedfordshire is on a roll at the moment. From the Airlander project at Cardington to progress in plans for a new stadium for the Hatters, there is a real sense of economic momentum across the region.

Commenting on Theresa May’s closing speech to the Conservative Party Conference in Birmingham, Dr Adam Marshall, Acting Director General of the BCC, said:

Commenting on Chancellor Philip Hammond’s speech, Adam Marshall, Acting Director General of the British Chambers of Commerce, said:

The Party Wall etc. Act 1996 has now been operative throughout England and Wales for nearly 20 years. Prior to 1997 party wall legislation only applied to London. The origins of party wall matters stem all the way back to the great fire of London in 1666.

The economic impact reports outline the proposed plans to relocate Luton Town FC's current football stadium from Kenilworth Road to a site at Power Court in the centre of Luton and for the development of Newlands Park near Junction 10 of the M1.

THSP Risk Management from Bedfordshire, has been crowned one of the winners in the eastern region heats of the Chamber Business Awards 2016. Now in their 13^th year, the Awards are a highlight of the business calendar, and they pay tribute to the key role that local businesses play in driving the UK economy.

There was a surge in the volume of trade documentation issued in the second quarter of 2016 – before the EU referendum – the latest Quarterly International Trade Outlook (QITO) from the British Chambers of Commerce (BCC) and DHL has shown.

Auction House, the UK’s most successful property auctioneer, says that the time is now ripe for first time buyers to enter the auction room.

The British Chambers of Commerce (BCC) Quarterly Economic Survey – Britain’s largest and most authoritative private sector business survey, based on over 8,500 responses from firms in Q1 2016 – suggests that growth in the UK economy continued to soften in the first quarter, with most key survey indicators either static or decreasing.

Hybrid Air Vehicles, the Cardington based designer and manufacturer of Airlander, the largest aircraft in the world, has reached a staggering £900,000 equity raise since opening up a crowdfunding round on Crowdcube, UK’s leading equity crowdfunding platform.

The British Chambers of Commerce (BCC) has today downgraded its UK GDP growth forecast, from 2.5% to 2.2% in 2016, and from 2.5% to 2.3% in 2017; for 2018, included for the first time in the forecast, GDP growth of 2.4% is predicted.

• BCC launches report on ways to boost the number of women entering well-paid, science & technology and engineering careers on International Women’s Day
• Findings based on BCC and Government Equalities Office scheme that worked with more than 1,400 female pupils, 38 businesses and 37 schools across England

The Health and Safety Executive (HSE) and others in the UK, including Safety Groups UK (SGUK) have been actively working in recent years to raise awareness that the number of people suffering from work related illness is considerable:  approximately 1.2 million people in the last year. 

We have just been informed that the Rotary Bandstand for Luton Charitable Trust has won planning permission to build its proposed new 21st century bandstand in Grade II Listed Wardown Park.

• Businesspeople paying close attention to debate on UK’s membership of the EU - but say it has had little material impact on business to date
• ‘Remain’ camp ahead two-to-one amongst business voters, but significant divisions exist on size and export lines
• Renegotiated deal for the UK unlikely to change voting intentions of two in three business leaders.