Firms of all sizes are currently confronted by a host of challenges, from soaring energy bills, labour shortages, spiralling inflation, and climbing interest rates.?
New data released today from a survey of more than 1,168 businesses (92% SMEs) shows significant challenges for UK firms trying to use the Trade and Co-operation Agreement (TCA).
Urging Government to provide certainty to businesses on energy support ahead of Christmas, BCC Director General, Shevaun Haviland, said:
Commenting on today’s Bank of England interest rate rise, David Bharier, Head of Research at the British Chambers of Commerce (BCC), said:
Commenting on the Office for National Statistics inflation figures for November 2022, BCC Head of Research, David Bharier, said:??
Reacting to the latest ONS Labour Market figures, Jane Gratton, Head of People Policy at the BCC, said:
Reacting to the ONS Trade figures for October, William Bain, Head of Trade Policy at the BCC, said:
The best of Sheffield business was celebrated last night at the Sheffield Business Awards 2022.
The BCC expects the UK economy to remain in recession for five quarters before an anaemic recovery in 2024, but inflation has likely peaked at 11%.