Ahead of this week’s interest rate decision, new research by the BCC Insights Unit shows nearly half of firms say the cost of borrowing is negatively impacting their business.
The BCC has held its inaugural meeting of its new Business Council alongside Cabinet Minister, the Rt Hon Michael Gove and Shadow Chancellor, the Rt Hon Rachel Reeves.?
Reacting to the latest ONS labour market figures, the BCC said
New research by the BCC has uncovered that the vast majority of businesses are unaware and unprepared for a swathe of fast approaching changes in EU/UK regulations.
The British Chambers of Commerce (BCC) marginally upgrades its 2023 GDP forecast to 0.4%, but economic activity will remain very weak throughout 2024 and 2025, according to the organisation’s latest Quarterly Economic Forecast.
The BCC has called for action to improve the availability of finance for SMEs as accessibility, awareness and a lack of competition continue to hold firms back.
Organisations across the region are now being asked to share their experiences of both recruitment and staff retention, in response to a questionnaire that is being conducted by the three South Yorkshire Chambers of Commerce.
David Bharier, Head of Research at the British Chambers of Commerce, Reacts to the latest GDP data from the ONS
An academic from the University of Sheffield is set to help the government boost the UK semiconductor sector, as part of a new advisory panel that held its first meeting last week (3 August 2023).