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

BCC comments on MPC decision

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

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Quarterly Economic Survey: Solid economic growth likely in Q1 but inflation remains a key risk

The British Chambers of Commerce (BCC) today publishes its Quarterly Economic Survey – the UK’s largest and most authoritative private sector business survey. 

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BCC Economic Forecast: UK growth upgraded for 2017 but to remain flat in the medium-term

The British Chambers of Commerce (BCC) has today upgraded its UK GDP growth forecast for 2017 from 1.1% to 1.4%. However, it has downgraded its expectations slightly for 2018 from 1.4% to 1.3%, and published its first forecast for 2019 of 1.5% growth.

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Businesses under increasing pressure from inflationary prices

Commenting on the inflation figures for December 2016 released today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

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BCC on Osborne speech

Commenting on the speech made by the Chancellor of the Exchequer at the Conservative Party Conference today (Monday), John Longworth, Director General of the British Chambers of Commerce (BCC), said:

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Prioritise business lending

Commenting on the MPC decision, announced today by the Bank of England, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said:

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Interest Rates

Commenting on today’s Monetary Policy Committee (MPC) interest rate decision, the first under the new Governor Mark Carney, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said:

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Do more for business

In an open letter to Mark Carney, who takes over as Bank of England Governor today. BCC Director General, John Longworth, urges him to do more to ensure a stable business environment, which will help to secure the UK’s future competitiveness. 

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BCC: Budget 2013

Commenting on the Chancellor’s Budget speech, John Longworth, Director General of the British Chambers of Commerce (BCC), said:

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