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

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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Strong service sector and consumer spending drive UK growth upgrade

The British Chambers of Commerce (BCC) has upgraded its UK GDP growth forecast for the next three years, from 2.3% to 2.6% in 2015, 2.6% to 2.7% in 2016, and 2.6% to 2.7% in 2017. The principal driver for the leading business group’s forecast upgrade is stronger than previously expected growth in both the UK’s service sector and consumer spending.

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BCC:Sustainable recovery

Commenting on Business Secretary Vince Cable’s speech at the Liberal Democrat Party Conference, John Longworth, Director General of the British Chambers of Commerce (BCC) said:

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