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

Commenting on the GDP figures for Q1 2018, released  by the ONS, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

Only half of businesses believe the UK’s phone network is more reliable than five years ago, according to new research by the British Chambers of Commerce (BCC) released today.

Commenting on the inflation statistics for March 2018, published today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

“Inflation slowed again in March, confirming its downward trajectory. 

The British Chambers of Commerce (BCC) has today (Monday) upgraded its growth expectations for the UK economy, raising its forecast for GDP from 1.1% to 1.4% in 2018 and from 1.3% to 1.5% for 2019, and its first forecasts for 2020 is for 1.6% growth.

Commenting on the Spring Statement, delivered today by the Chancellor of the Exchequer, Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

Addressing the BCC Annual Conference 2018 today, Dr Adam Marshall, Director General of the British Chambers of Commerce, will remind the government that the biggest challenges and opportunities facing the UK business community, and country, are not related to exiting the EU, but to the fundamentals in the domestic environment.

The British Chambers of Commerce (BCC) launched its flagship Chamber Business Awards at the London Stock Exchange. London Chamber of Commerce & Industry members AnyJunk, last year’s winner of the ‘Business of the Year’ award, has the honour of opening the day’s trading.

Commenting on the speech by David Davis on a transition period after we leave the European Union, Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

Commenting on the labour market figures for January 2018, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

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

The British Chambers of Commerce (BCC) has today slightly downgraded its three-year outlook for the UK economy, cutting growth expectations from 1.6% to 1.5% in 2017, from 1.2% to 1.1% in 2018, and from 1.4% to 1.3% in 2019.

The British Chambers of Commerce (BCC) releases the results of its survey, in partnership with American Express, which finds the majority of businesses expect the fall in sterling to increase their costs.

The planning system in England is more complex, costly and difficult for business than it was 5 years ago, according to a major report published today by the British Chambers of Commerce.

The British Chambers of Commerce, in partnership with DHL, today publishes its latest Quarterly International Trade Outlook, based on survey and documentation data from UK exporters.

Giving his reaction to the Autumn Budget, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

Giving his initial reaction to the Autumn Budget, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

Ahead of the Budget on November 22, the British Chambers of Commerce is urging the Chancellor to provide respite for businesses in every corner of the country by freezing business rates for the next two years.

Commenting on the trade statistics for September, released today by the ONS, Mike Spicer, Director of Research Economics at the British Chambers of Commerce (BCC), said:

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:

Ahead of the Chancellor’s Autumn Budget on November 22, the British Chambers of Commerce (BCC) is urging the government to take immediate action to halt the expected 3.9% increase in business rates valuations next year, as part of a bold Budget that seeks to boost the UK’s productivity.

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

Commenting on the trade statistics for September 2017, released today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

Six months after its introduction, businesses remain in the dark about how best to utilise the Apprenticeship Levy, according to a survey released today by the British Chambers of Commerce (BCC), in conjunction with Middlesex University London.

Bedfordshire Chamber of Commerce members, Kimm and Miller and Jam Crackers, have been crowned Winners of 2 categories in the East of England Regional heats of the Chamber Business Awards 2017.  Now in their 14^th year, the Awards are a highlight of the business calendar, recognising the key role that local businesses play in driving the UK economy.

Half of UK businesses have faced skills or labour shortages in the last year, but only a minority are actively looking overseas to fill vacancies, according to a survey released today by the British Chambers of Commerce (BCC), in partnership with Middlesex University London. 

The British Chambers of Commerce (BCC) has today slightly downgraded its medium-term outlook for the UK economy over the next few years. While the BCC has slightly upgraded its UK growth forecast for 2017 from 1.5% to 1.6%, its growth expectations for 2018 and 2019 have been cut from 1.3% to 1.2%, and 1.5% to 1.4% respectively.

The British Chambers of Commerce (BCC), and the Association of German Chambers of Commerce (DIHK) have today called for UK and EU negotiators to put a clear focus on our shared economic interests as Brexit talks reconvene in Brussels.

Around 4 in every 5 businesses have seen their costs increase this year through changes in employment legislation, according to a survey released today by the British Chambers of Commerce (BCC).