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

Business finance system broken

  • 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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Prioritise business lending

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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Interest Rates

Commenting on today’s Monetary Policy Committee (MPC) interest rate decision, the first under the new Governor Mark Carney, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said:

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Do more for business

In an open letter to Mark Carney, who takes over as Bank of England Governor today. BCC Director General, John Longworth, urges him to do more to ensure a stable business environment, which will help to secure the UK’s future competitiveness. 

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BCC: Budget 2013

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

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