The UK left the European Customs Union and Single Market on 1st January 2021. This brought changes for businesses of every size and sector, in the trading of goods. Many businesses are facing difficulties in adapting to these changes.
Commenting on the ONS labour market statistics for February 2021, published today, BCC Head of Economics Suren Thiru said:
Dr Adam Marshall, Director General of the British Chambers of Commerce said:
Commenting on the decision by the European Commission to grant the UK data adequacy, BCC Co-Executive Director Hannah Essex said:
Commenting on the delay to HM Treasury’s Fundamental Review of Business Rates until autumn, BCC Head of Economics Suren Thiru said:
Results from the latest BCC survey on the impact of Coronavirus on businesses show they have been pushed to the brink by the effect of multiple lockdowns.
The Sheffield City Region Quarterly Economic Review provides insight into local economic trading conditions and performance. It is the barometer used to take an overall assessment on the strength of the economy at a national and regional level.
Rules of Origin have been in the news a lot recently. Businesses up and down the country have been struggling to make sense of the new arrangements for exporting inside and outside of the EU.
Commenting on the latest GDP figures published today by the ONS, BCC Head of Economics,?Suren Thiru, said: