The British Chambers of Commerce has today released its latest economic forecast, downgrading growth expectations for the UK in 2019 to 1.2%
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BCC forecast: Business investment and productivity sinking amid Brexit stalemate and global slowdown
The British Chambers of Commerce has today released its latest economic forecast, downgrading growth expectations for the UK in 2019 to 1.2%
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Commenting on the latest UK GDP statistics, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:
“The latest figures suggest that the UK economy hit the buffers in the second quarter. We’re seeing the unwinding of heightened levels of stockpiling, growing
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The British Chambers of Commerce (BCC) has today released its latest economic forecast, upgrading its growth expectations for the UK in 2019 to 1.3% (from 1.2%).
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The British Chambers of Commerce’s quarterly economic survey – the UK’s largest private sector survey of business sentiment and a leading indicator of UK GDP growth
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The British Chambers of Commerce (BCC) has downgraded its growth expectations for the UK economy, forecasting GDP growth for 2018 at just 1.1% (down from 1.3%).
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Commenting on the publication of the first tranche of UK Government technical notices aimed at giving businesses and consumers advice on the implications of a 'no deal' exit from the European Union, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:
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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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The British Chambers of Commerce (BCC) has today slightly downgraded its growth expectations for the UK economy, forecasting GDP growth for 2018 at 1.3% (from 1.4%)
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Two major new regional distribution centres are to be built in Bedford Borough for popular nationwide retailers which will create an estimated 1,400 new jobs for the area.
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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.
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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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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.
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The British Chambers of Commerce (BCC) today publishes its Quarterly Economic Survey – the UK’s largest and most authoritative private-sector business survey.
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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.
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While measures around the UK’s high-tech economy and a dramatic cut to Stamp Duty Land Tax (SDLT) for first-time buyers dominated Philip Hammond’s Budget, George Hay Chartered Accountants, which has offices in Biggleswade, Letchworth and Huntingdon, has criticised the lack of support for SMEs.
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Giving his reaction to the Autumn Budget, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:
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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.
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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: