UK Economy Stuck On a Low-Growth Treadmill

UK Economy Stuck On a Low-Growth Treadmill

Responding to the latest GDP figures published this morning, David Bharier Head of Research at the British Chambers of Commerce said:     “Today’s data confirms once again that the UK economy is stuck on a low-growth treadmill. With GDP growth of 0.2% in the three months to February, and 0.1%…

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BCC Quarterly Economic Survey: Firms Treading Water on Investment

No overall improvement in business conditions in Q1 2024 as measured by investment, sales and cashflow. Levels of business confidence remain unchanged, with 56% of UK businesses expecting an increase in turnover in the next twelve months. Almost half of firms are expecting the price of their goods or services…

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Access To Finance Challenge for SMEs

Accessing finance is becoming more difficult for a large number of SMEs, according to new data from the British Chambers of Commerce Insights Unit.  Around half (49%) of business surveyed who accessed finance felt that getting funding had become more challenging over the past three years.  Only 13% said it…

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Government Fails To Listen On Costly Import Charges

Reacting to details of the common user charge being introduced on animal and plant product imports into the UK later this month, William Bain, Head of Trade Policy at the British Chambers of Commerce said:    “This is an extremely disappointing decision by Defra on the common usage charge. The…

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