BCC welcomes new Brexit support fund for SMEs

11th February 2021

Commenting on the announcement of the fund, Suren Thiru, Head of Economics at the BCC, said:

“This is a welcome first step in dealing with some of the major issues that small businesses trading with the EU are facing. With their finances already under a significant squeeze firms, particularly those which export, are inevitably encountering difficulties in adapting to the complexities of the new arrangements. 

“It is now crucial that the grants provide sufficient funds to make a real difference and the government should stand ready to increase their size if needed. We will continue working closely with government to make sure this scheme is delivered as quickly and smoothly as possible for firms still adapting to the new EU trading arrangements and the impact of the pandemic. 

“The BCC will also continue to offer as much direct support as we can to SMEs especially through ChamberCustoms - our dedicated customs advisory, training and brokerage service.”

You might also be interested in

South Yorkshire Businesses Optimistic About The Future of AI and Are Ready To Embrace The Technology

Thu 11th April 2024

The majority of South Yorkshire businesses are ready to embrace the use of AI in some way, shape or form, with 70% of them believing that this technology represents a valuable opportunity that must be seized.

BCC Quarterly Economic Survey: Firms Treading Water on Investment

Thu 11th April 2024

The BCC’s Quarterly Economic Survey – the UK’s largest and longest-running independent business survey – shows most firms reporting no improvement in investment levels, sales or cashflow in the first quarter of 2024.

Impact of Recent Immigration Changes on Increased Salary Requirements

Tue 9th April 2024

On 4 April 2024, the UK government implemented new immigration rules, which include raising minimum salary requirements, as part of an ambitious five-point plan aimed at decreasing net migration

Freeths expands energy sector offering in the North with strategic senior hire

Mon 8th April 2024

National law firm Freeths has established a new energy offering in the North with the appointment of Partner Deborah Harvey, expanding on its wider national practice.