British Chambers of Commerce



UK businesses working at half their pre-COVID capacity

Businesses across the UK are on average, operating at half of their pre-COVID-19 capacity on average despite lockdown measures easing, according to the latest British Chambers of Commerce (BCC) Coronavirus Impact Tracker. 

Published 22 July 2020

BCC: 'Swift, substantial and immediate action' must be taken to bolster UK economy

The British Chambers of Commerce (BCC) has called for “swift,  substantial and immediate action” to bolster the economy, as its Quarterly Economic Survey (QES)  found that UK economic conditions deteriorated at an unprecedented rate in the second quarter of 2020.

Published 1 July 2020

UK economy suffers largest decline since records began

The UK's GDP fell by 20.4% in April marking the largest decline since monthly records began in 1997, according to the latest data from the Office for National Statistics (ONS).

Published 12 June 2020

BCC: Firms begin to reopen but one in ten cannot implement government coronavirus guidance

One in ten firms across the UK cannot implement government guidance safely in order to restart operations, according to results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker.

Published 20 May 2020

CLBILS scheme extended to offer larger businesses loans of up to £200m

The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m.

Published 19 May 2020

BCC: UK firms ready to embrace ‘new normal’

UK firms are ready for a gradual reopening of the economy but will need continued, adaptable government support during a phased return to work, according to the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker.

Published 14 May 2020

UK GDP drops by 2%

The UK economy has contracted at its sharpest rate since the global financial crisis in the first quarter of the year thanks to the outbreak of the coronavirus.

Published 13 May 2020

Finance sector provides £5.5bn to SMEs through coronavirus lending scheme

The banking and finance sector has lent over £5.5 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

Published 7 May 2020

BCC: Most firms can be ready for business restart within three weeks

Results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the vast majority of firms surveyed say they will require three weeks or less to prepare to restart operations alongside any loosening of the UK lockdown.

Published 6 May 2020

BCC sets out principles for safe restart of UK economy

British Chambers of Commerce (BCC) president, Baroness Ruby McGregor-Smith, has written an open letter to the Prime Minister setting out principles for a phased restart of the UK economy.

Published 4 May 2020

Finance sector provides over £4bn to SMEs through coronavirus lending scheme

The banking and finance sector has lent over £4 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

Published 1 May 2020

BCC: Loan schemes still slow to help many cash-strapped UK firms

Results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker reveal that the majority of UK businesses did not intend to seek financial support through CBILS bank loans and most of those who had applied were awaiting a decision or had been unsuccessful.

Published 29 April 2020

Finance sector provides £2.8bn to SMEs through coronavirus lending scheme

The banking and finance sector has lent over £2.8 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), according to the latest data from UK Finance.

Published 23 April 2020

Over 70% of firms have furloughed staff as government scheme goes live

Results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the vast majority of businesses surveyed have furloughed a proportion of their workforce.

Published 22 April 2020

UK Government announces loans for bigger businesses

The UK Treasury has announced that loans to all medium-to-large firms will now be included in the government's £330 billion coronavirus support package for the economy.

Published 17 April 2020