New report by the BCC and Lloyds Bank finds three key changes needed to help business hit Net Zero: Government should review its support and advice to SMEs on moving to Net Zero. Large businesses and institutions must continue to drive behaviour change in their supply chains. Government should demonstrate commitment and consistency in its Net Zero plans.
Commenting on the Bank of England’s latest rise in the interest rate to 5.25%, Vicky Pryce, BCC Economic Advisory Council member, said: “Businesses across the UK will be fervently hoping that today’s rise in interest rates is the last they will see. "
The BCC's latest Quarterly Recruitment Outlook, a survey of 4,800 UK firms of all sectors and sizes, reveals there is still no easing in the record high difficulties in finding staff. But Government must fix the people problem to ease inflation and take pressure off interest rate rises.
Businesses will breathe a sigh of relief that the Government has decided to take a pragmatic approach to the safety marking of products sold in Great Britain.
The British Chambers of Commerce (BCC) has announced the launch of the BCC Workplace Equity Commission, with members including Stonewall Chair Iain Anderson, Ayesha Hazarika MBE, Women of the World founder and CEO Jude Kelly CBE, and Scope CEO Mark Hodgkinson.
This new era begins in the UK, but it can also act as a beacon, leading towards further digitalisation of trade across the world.
Today's data show that while consumer price and core inflation remain stubbornly high, businesses’ input prices have fallen. While firms’ costs are now much higher than a year ago, the fall in the input rate will give some hope that consumer price inflation will soon start to ease.
It is good news to see this statement of intent to deepen UK trading terms with Turkey. It is our 18th largest bilateral trading partner, worth £23.5bn in total trade in 2022.
Baroness Ruby McGregor Smith CBE and entrepreneur Michael Hayman MBE will be amongst those chairing the work of the British Chambers of Commerce’s new National Business Council.
There are not many multi-national trade agreements like this one, and it offers new prospects in a fast-growing region of the global economy.