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

It has been brought to our attention that someone has been calling companies stating that they are from the British Chambers of Commerce (BCC). They have been asking for a company’s full address as well as more sensitive information.

• Public sector borrowing, excluding transfers from the Bank of England QE scheme, was £12.7bn in May 2013, compared with net borrowing of £15.6bn in May 2012
• Public sector net debt was 75.2% of GDP

The Chamber Awards close for business entries on the 28th June.   Any business entering any of the eight business categories by 21st June 2013 will be entered into a prize draw to win an iPad mini.

• Manufacturing output in April 2013: -0.2% on the month, -0.5% year on year
• Total industrial production in April 2013: +0.1% on the month, -0.6% year on year

Commenting on the new Small and Micro Business Assessment, which has been announced by Michael Fallon today, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC) said:

Commenting on the labour market statistics, published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said:

Commenting on the government’s decisions today on National Minimum Wage rates from 1 October 2013, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said:

What does singer Adele have in common with Flitwick based fuel card business i-fuelcards Ltd? The answer is they’ve both trademarked their names. Nigel Webb, Business Development Manager at i-fuelcards Ltd, knew that in a competitive market it was essential to protect a brand that was establishing a great reputation. 

• BCC’s Quarterly Economic Survey for Q1 2013 shows progress, with almost all major balances improving compared with Q4 2012. 
• British businesses are resilient, but many balances are still below pre-recession levels and growth remains too low.

• John Longworth: “These results provide a glimpse of the as-yet-distant sunlit uplands of recovery. Businesses up and down the country are working hard to drive the economy, create jobs and export, but they cannot accelerate this process alone.”

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

Commenting on the Government response to Lord Heseltine's Review, No Stone Unturned, John Longworth, Director General of the British Chambers of Commerce (BCC), said: "Chambers of Commerce welcome the government's commitment to localise some funding and decision-making around transport and skills in order to unleash the enterprise and growth latent in local communities across England.

If you've ever complained about conditions for business and felt no one's listening, now is your opportunity to be heard.  The British Chambers of Commerce Quarterly Economic Survey is a highly respected snapshot of conditions for business but the BCC don't do it alone.  They need your input to help them present the most accurate picture in a survey which is taken very seriously by central government and the Bank of England and is reported widely in the press.

The British Chambers of Commerce (BCC) has been officially named as a Business Superbrand in an influential annual survey that identifies the UK’s strongest business-to-business brands. Independently co-ordinated by The Centre for Brand Analysis, the annual Business Superbrands survey considers thousands of brands that are judged by both an Expert Council and over 1,900 individual business professionals from across the UK. 

Commenting on the speech on banking delivered  by Business Secretary Vince Cable, Dr Adam Marshall, Director of Policy and External Affairs at the British Chambers of Commerce, said:

Commenting on today's speech on the Banking Reform Bill by Chancellor George Osborne, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said:

Bedfordshire Chamber of Commerce has expressed concern at opposition to plans to develop London Luton Airport by local interest groups in Hertfordshire saying they ignore the importance of the airport to the local and sub-regional economy.

• Business lending fell by £2.1bn in December 2012
• Net lending to business contracted by £18.7bn for the year 2012

Commenting on today’s announcement by the Department for Transport on High Speed 2, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC) said:

• GDP in Q4 2012: -0.3% on the quarter; flat on the year
• Manufacturing output: -1.5% on the quarter; -2% on the year
• Services output: flat on the quarter; +1.4% on the year

If you still haven’t sent in your 2011-12 Self Assessment tax return, you’ve got just a few days left to do so and avoid a penalty.

Commenting on today’s speech on Europe by the Prime Minister, the Rt Hon David Cameron MP, John Longworth, Director General at the British Chambers of Commerce, said:

Business lending fell by £2.8bn in November 2012. Net lending to small business contracted by £6.4bn over the past year. Commenting on the Trends in Lending report, published today by the Bank of England, John Longworth, Director General of the British Chambers of Commerce (BCC) said:

Commenting on the Sickness Absence Review, published today by the Department for Work and Pensions, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said:

Commenting on today’s announcements on the Employment Law Review, published today by the Department for Business, Innovation and Skills, Dr Adam Marshall, Director of Policy and External Affairs at the British Chambers of Commerce (BCC) said:

Ahead of the Prime Minister's long-awaited policy speech on Europe later this month the British Chambers of Commerce (BCC), has today called for a pragmatic re-negotiation of Britain's relationship with the rest of the EU, reflecting the interests of businesses across the economy.

Bedfordshire Chamber of Commerce is offering export trainees the chance to receive accreditation for their learning from the British Chambers of Commerce.

Weather forecasters are predicting snow in the next few weeks with temperatures dropping in some parts of the country to as low as -15 degrees.  If previous experience is anything to go by, the adverse weather conditions are likely to cause massive problems for  businesses and their ability to function, especially those in rural areas and trading estates.

Commenting on the Richard Review on apprenticeships, Cheryl Smart MBE, Chief Executive of Bedfordshire Chamber of Commerce said:

The British Chambers of Commerce (BCC) today published a map highlighting the urgent need for action on a range of transport projects needed to boost business growth across the UK.