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

From October 2013 all newly built commercial property completed between 1st October 2013 and 30th September 2016 will be exempt from empty property rates for the first 18 months (up to the state aids limit).

• 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.”

Tax cheats who become insolvent to dodge their companies’ tax obligations face up to five years’ scrutiny from HM Revenue and Customs (HMRC).

Do you own your own company?   Do you need to attract more customers?  Would you benefit from some marketing advice?  A new documentary series about SMEs wants to hear from you.

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

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.

Two thirds of Bedfordshire businesses have no plan in place should they suffer a major catastrophe like fire, flooding or severe weather, research released by the Bedfordshire and Luton Local Resilience Forum (BLLRF) has found. This means their competitors could profit from their problems if disaster struck. However help is at hand during Business Continuity Awareness Week (18-22 March 2013) and creating a plan is simple and quick and would help local companies to keep in business and protect jobs.

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. 

Chamber members Peninsula Business Services Ltd. has issued some timely advice for employers during periods of bad weather.

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:

2012 was an eventful year in the energy industry and 2013 is set to be no different!

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.

Manufacturing and engineering are recognised as being vital to the health of our local and national economies.  It's important that Bedfordshire's prominence in these sectors is fostered and developed.

• 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.

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.

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.

Are you the owner of a small or medium sized enterprise? Are you facing challenges in today's turbulent and competitive market? Would you like to improve your business and revenue?

Reacting to the Chancellor’s Autumn Statement, John Longworth, Director General of the British Chambers of Commerce (BCC), said:

Around 300 people from various voluntary agencies together with staff and the general public attended a stunning fundraising ball for The Mary Seacole Housing Association Limited.

This week has been a busy one at Bedfordshire Chamber of Commerce with the business support organisation hosting three events at their Kimpton Road offices.

The Chamber was used for training by Peter East Associates and for IT and Export courses.

The Basepoint Innovation and Business Centre in Luton has donated £1,744 to its chosen charity, ReachOut Plus, and also £346 to St. Vincent de Paul, an international Christian voluntary organisation that tackles poverty.