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

BCC: UK remains on lacklustre growth trajectory despite Q2 improvement

Commenting on the first estimate of GDP for Q2 2018, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said

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Q1 GDP figures show UK stuck in global growth slow lane

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:

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BCC Quarterly Economic Survey: UK economy treading water despite export boost

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BCC forecast: UK economy remains subdued despite uplift from strong global growth

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.

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BCC forecast: Fall in sterling failing to lift UK growth

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.

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BCC Economic Forecast: 2016 momentum not set to continue

The British Chambers of Commerce (BCC) has today (Monday) upgraded its UK GDP growth forecast from 1.8% to 2.1% for 2016, and from 1.0% to 1.1% in 2017. However, it has also downgraded expectations for 2018 from 1.8% to 1.4%.

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Global Headwinds and Uncertainty Slow UK Growth in 2016

The British Chambers of Commerce (BCC) has today downgraded its UK GDP growth forecast, from 2.5% to 2.2% in 2016, and from 2.5% to 2.3% in 2017; for 2018, included for the first time in the forecast, GDP growth of 2.4% is predicted.

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Weak trade and manufacturing figures nudge down UK growth forecast

The British Chambers of Commerce (BCC) has today downgraded its UK GDP growth forecast, from 2.6% to 2.4% in 2015, from 2.7% to 2.5% in 2016, and from 2.7% to 2.5% in 2017.

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BCC downgrades 2015 growth forecast but predicts earnings are set to rise

The British Chambers of Commerce has downgraded its UK GDP growth forecast for 2015 from 2.7% to 2.3%, following weaker than expected growth at the start of the year. However, the BCC believes the slowdown is temporary and the prospects over the medium term remain steady, with GDP growth predicted to be 2.6% in 2016 and 2017.

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