by Kathryn Morey | Apr 14, 2023 | News
Reacting to the ONS GDP figures for February, David Bharier, Head of Research at the BCC, said: “Although today’s GDP figures indicate the UK economy continues to technically avoid a recession, it’s now clear we are stuck in a prolonged period of almost...
by Kathryn Morey | Apr 7, 2023 | News
Over half (52%) of UK firms believe their business turnover will increase over the next 12 months, up from 44% in Q4 2022. However, only one in three (34%) firms experienced an increase in sales over the past three months. Almost half (47%) of hospitality businesses...
by Kathryn Morey | Mar 24, 2023 | News
IW CHAMBER BUSINESS AWARDS 2023 In association with WightFibre And the nominees are… The nominations have been announced for the 2023 IW Chamber Business Awards, sponsored by WightFibre. More than 40 Island businesses have been shortlisted in 15 categories and the...
by Kathryn Morey | Mar 9, 2023 | News
The BCC expects UK economy to avoid a technical recession but shrink by 0.3% in 2023, before returning to growth in 2024; inflation will slow to 5% by Q4 2023. UK Economic Outlook The British Chambers of Commerce (BCC) forecasts the economy will not return to its...
by Kathryn Morey | Feb 27, 2023 | News
The BCC is calling on the Chancellor to use his Spring Budget to relieve cost and recruitment pressures on business. It follows the release of new research which reveals the struggles firms face at the start of 2023. Among the findings from the survey, of more...