- In September 2013, public sector net borrowing, excluding effects of financial interventions, was £1bn lower than in September 2012
- In the first six months of the current financial year, cumulative borrowing on a comparable basis was £5.9bn lower than in the corresponding period of the last financial year
- In September 2013, public sector net debt, excluding effects of financial interventions, was 75.9% of GDP
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- In September 2013, public sector net borrowing, excluding effects of financial interventions, was £1bn lower than in September 2012
- In the first six months of the current financial year, cumulative borrowing on a comparable basis was £5.9bn lower than in the corresponding period of the last financial year
- In September 2013, public sector net debt, excluding effects of financial interventions, was 75.9% of GDP
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Commenting on the announcement that a new nuclear power plant will be built at Hinkley Point in Somerset, John Longworth, Director General of the British Chambers of Commerce (BCC) said:
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- BCC’s Director General, John Longworth, gives keynote speech at business group’s International Trade Conference
- Vince Cable; Chuka Umunna; Carolyn McCall, CEO, easyJet; David Milner, CEO Tyrrells Crisps; and Lord Bilamoria, Chairman, Cobra Beer confirmed as guest speakers
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Commenting on the publication of the report, ‘Cut EU red tape’, which has been published by the Business Taskforce today (Tuesday), Dr Adam Marshall, Director of Policy and External Affairs at the British Chambers of Commerce (BCC), said:
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The British Chambers of Commerce (BCC) and NEST (National Employment Savings Trust) have created a business guide to auto-enrolment, designed to help employers plan for legal changes to workplace pensions.
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Commenting on the Chancellor's announcement to simply and streamline visa applications, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said:
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- Manufacturing output in August 2013 was -1.2% on the month, -0.2% on the year
- In the three months to August 2013, manufacturing output rose by 1.2% compared with the previous three months
- The UK deficit on trade in goods and services was £3.3bn in August, compared with a deficit of £3.4bn in July
- There was a deficit of £9.6bn on goods, partly offset by an surplus of £6.3bn on services
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Commenting on Prime Minister David Cameron's speech at the Conservative Party Conference in Manchester, John Longworth, Director General of the British Chambers of Commerce (BCC), said:
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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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- Total business lending (loans and overdrafts) fell by £3.8bn in August 2013, the largest fall since December 2012
- SME lending fell by £0.7bn in August 2013
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- Retail sales volumes for August 2013: down 0.9% on the month; up 2.1% on the year
- The August fall comes after a strong increase in July, and the trend in sales remains clearly upward, with an increase of 1.7% in the three months to August, compared with the previous three months
- Annual inflation in the retail sector slowed from 1.8% in July 2013 to 1.6% in August 2013
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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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Commenting on the publication of an independent review of infrastructure by Sir John Armitt, chairman of the Olympic Development Authority, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said;
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Ever felt like telling the government what it’s really like being in business in 2015?
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Commenting on today’s GCSE results, John Wastnage, Employment and Skills Adviser at the British Chambers of Commerce (BCC) said:
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Commenting on today’s A-Level results, John Wastnage, Employment and Skills Adviser at the British Chambers of Commerce (BCC) said:
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- In the three months to June 2013, unemployment fell by 4,000, and employment rose by 69,000, compared with the previous quarter
- Long term unemployment is up, with further increases in the number of those unemployed for more than one year and two years
- Youth unemployment has risen by 15,000 in the three months to June, and now stands at 973,000
- In July 2013 the claimant count fell by 29,200, compared with June
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Ahead of A-Level results, the BCC calls for greater contact between young people and business to help pupils make better informed career choices. The business organisation set all MPs the challenge of finding first hand from employers what prevents them from hiring young people.
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The British Chambers of Commerce (BCC) is delighted to announce that the second International Trade Conference will take place on October 17 2013 at Central Hall, Westminster. Bringing together some of the UK’s high growth exporters, business leaders and leading policy makers the Conference will provide insight on the challenges and opportunities of trading internationally.
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Commenting on the announcement of the new framework for delivery of traineeships by Skills Minister Matthew Hancock, Dr Adam Marshall, Director of Policy and External Affairs at the British Chambers of Commerce (BCC), said:
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Commenting on the options for a third runway outlined by Heathrow Airport today, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said:
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Commenting on the Transport Secretary’s announcement of reforms to the way Britain’s road network is managed, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said: