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

Commenting on the inflation statistics for March 2019, published today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: 

Commenting on the Prime Minister's announcement she will seek to extend the Brexit deadline, Dr Adam Marshall, Director General of the British Chambers of Commerce, said:

“The clock is still ticking, and avoiding a messy and disorderly exit from the EU is still the top priority

Commenting on the inflation statistics for February 2019, published today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

“Inflation picked-up for the first time since August 2018, with rising prices across a range of items including

The British Chambers of Commerce (BCC) has today slightly downgraded its growth expectations for the UK economy, forecasting growth of just 1.2% in 2019 (down from 1.3%), which if realised would be the weakest growth in a decade. 

Commenting on the parliamentary vote on extending Article 50, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

“While most businesses will support an extension to Article 50 to avert the prospect of a messy and disorderly exit on the March 29th,

Commenting on the Spring Statement, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

“The Chancellor is right to warn of the risks that a messy and disorderly exit on March 29th would pose for the economy. Westminster must heed the fact that businesses and government agencies are simply not ready for such an abrupt change,

Commenting on the Parliamentary vote on the motion to rule out leaving the EU without a withdrawal agreement, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

Commenting on the latest UK GDP and trade statistics, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:
“Although there was an increase in GDP growth between December and January,

With just weeks to go before its planned introduction, new research suggests nearly one in five businesses above the VAT threshold still know little or nothing about Making Tax Digital, according to the British Chambers of Commerce.