Latest news from the British Chambers of Commerce

BCC: UK economic growth loses momentum

28 April 2017 - 10:02am
BCC comments on the UK GDP statistics for Q1 2017 released today.

BCC comments on PM’s plan to seek General Election

18 April 2017 - 4:30am
Director General Adam Marshall comments on the announcement by Prime Minister Theresa May that she is to seek a General Election on June 8th.

BCC: Mainly big business hit by cyber-attacks, but all need to improve security

18 April 2017 - 2:45am
BCC publishes the results from its digital survey, which shows that one in five businesses has been the victim of a cyber-attack in the past year.

BCC Digital Survey 2017: Cyber security

17 April 2017 - 11:41am
One in five businesses have fallen victim to cyber-attacks in the past year, according to the results the British Chambers of Commerce Digital Economy Survey, released on Tuesday 18 April 2017. The survey of more than 1,400 businesses across the UK found that 84% of firms say digital and IT skills are more important to their business than two years ago, with half (51%) saying these skills are significantly more important. The survey of more than 1,200 businesses across the UK found that 20% had been hit by a cyber-attack in the last 12 months. Big businesses are far more likely than their smaller counterparts to be victims of attacks (42% of companies with more than 100 staff, compared to 18% of companies with fewer than 99 employees). The results indicate that businesses are most reliant on IT providers (63%) to resolve issues after an attack, compared to banks and financial institutions (12%) or police and law enforcement (2%). The findings show that 21% of businesses believe the threat of cyber-crime is preventing their company from growing.

Q1 2017 Quarterly Economic Survey

13 April 2017 - 9:19am
The British Chambers of Commerce Quarterly Economic Survey (QES) – the UK’s largest and most authoritative private sector business survey, based on 7,300 responses from companies in Q1 2017 – shows that the manufacturing and services sector are reporting solid growth, with both experiencing increases in domestic and export sales since the previous quarter. The results of the survey found that businesses are continuing to feel inflationary pressures. The percentage of manufacturers reporting raw materials as the key driver of increased prices is at the highest since Q4 2011, and in both sectors a significant proportion of firms anticipate having to raise their own prices over the next three months.

BCC Quarterly Economic Survey: Solid economic growth likely in Q1 but inflation remains a key risk

13 April 2017 - 1:00am
Today the BCC releases the results of its Quarterly Economic Survey for Q1 2017.

BCC comments on Lower Thames Crossing announcement

12 April 2017 - 10:27am
BCC and Chambers from the network comment on the Lower Thames Crossing announcement made today by the Minister for Transport.

BCC: Inflation weakening UK growth

11 April 2017 - 10:03am
BCC's Head of Economics, Suren Thiru, comments on the inflation statistics for March 2017.

BCC: Practical support for businesses will help boost UK’s trade performance

7 April 2017 - 10:25am
BCC's Head of Economics, Suren Thiru, comments on the latest trade statistics.

BCC Digital Survey 2017: Access to skills

7 April 2017 - 9:47am
Digital skills are increasingly important to the operation of businesses in the UK but companies are facing a shortage of skills in their workforce which is hampering productivity, according to the results the British Chambers of Commerce Digital Economy Survey, released on Friday 7 April 2017. The survey of more than 1,400 businesses across the UK found that 84% of firms say digital and IT skills are more important to their business than two years ago, with half (51%) saying these skills are significantly more important. However, the survey also found that more than three-in-four businesses are facing a shortage of digital skills in their workforce, with 52% reporting a slight shortage, 21% a significant one and 3% a critical shortage.

BCC: Shortage of digital skills hampering business productivity and growth

7 April 2017 - 1:00am
Today the BCC releases the results of our digital survey on skills.

Maternity Leave: Talking to your employees about pensions

4 April 2017 - 9:24am
Catherine Stewart of Scottish Widows discusses the results of their Women and Retirement Report.

BCC: Businesses hit by upfront costs as new tax year begins

1 April 2017 - 1:00am
Commenting on the start of the new tax year, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:

BCC: Great Repeal Bill promises stability – if managed carefully

30 March 2017 - 1:18pm
Director General Adam Marshall comments on the publication of the Great Repeal Bill White Paper.

BCC comments on the triggering of Article 50 and the start of Brexit negotiations

29 March 2017 - 1:00am
On the day Article 50 is triggered, Dr Adam Marshall, comments on the start of the Brexit negotiations.

BCC Digital Survey 2017: Broadband Reliability

27 March 2017 - 4:19pm
Businesses across the UK, particularly in rural areas, are still without reliable broadband connections, despite companies saying the availability of fully functional broadband is extremely important to their operations, according to the results the British Chambers of Commerce Digital Economy Survey, released on Monday 27 March 2017. All companies surveyed (99%) say a reliable broadband connection is important, (82% say extremely so), yet nearly one in five (18%) suffer from unreliable connections (11% not very reliable; 7% not at all reliable). The findings also show that firms in rural areas are at least twice as likely to have unreliable connections (30%) as those in towns (15%), inner cities (13%), and suburban areas (12%). The survey found that firms in both sectors, particularly in manufacturing, are facing pressure to raise prices, principally as a result of the cost of raw materials and other overheads.

BCC: Action needed on poor broadband, especially in rural areas and for small firms

27 March 2017 - 1:00am
Today the BCC launches results from a digital survey on broadband connectivity for businesses in the UK.

Chancellor must do more to boost competitiveness

22 March 2017 - 10:34am
Following the Spring Budget, BCC's Director General Adam Marshall, discusses what the Chancellor can do to boost competitiveness

BCC: Inflation a key risk to UK growth prospects

21 March 2017 - 10:12am
BCC comments on the inflation and public sector finances for February 2017.

Infrastructure sector key to growth in the UK

20 March 2017 - 11:15am
Gleeds' Head of Transport & Infrastructure discusses the importance of infrastructure investment for the UK economy.

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