Rapid reform is required as more than three quarters of firms are struggling to recruit new staff, says the British Chambers of Commerce (BCC). New data released by the BCC show that the construction, manufacturing and hospitality sectors are facing the most severe shortages and firms’ re
British Chambers Of Commerce
Almost half (45%) of British firms have reported difficulties adapting to changes in rules for buying or selling goods brought about by the UK-EU Trade and Cooperation Agreement (TCA).
New British Chambers of Commerce (BCC) data released from a survey of over 1,000 businesses has thrown a sharp focus on the impact of skills and commodities shortages for UK firms, with spiralling prices in evidence. The data show an overwhelming majority of businesses are raising prices as they fac
UK businesses have voiced their support for a change to the end of the UK tax year, bringing it in line with most other countries in an attempt to simplify the accounting process for British firms with subsidiaries abroad. The UK tax year runs from April 6 while in the majority of other jurisdiction
Nearly three in four UK exporters have reported no sales growth in the second quarter of this year, according to the latest data published by the British Chambers of Commerce (BCC).
The percentage of UK businesses expecting their workforce to grow in the next three months rose from 19% in Q4 2020 to 27% in Q1, according to the latest Quarterly Recruitment Outlook published by the British Chambers of Commerce (BCC).
A new New SME Recovery Report from NatWest has revealed that targeted support for SMEs could unlock £140 billion of additional GVA growth by 2030 equivalent to creating around 3.2 million new jobs across the UK. As part of its commitment to remove barriers to enterprise and help the econo
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.
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.
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).
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.
The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m. The move aims to ensure those large firms which do not qualify for the Bank of England’s COVID Corporate Financing Faci
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.
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.
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.