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The Autumn Budget will contain a political hand grenade for the new Chancellor John Healey to defuse in the shape of the Defence Investment Plan.
The initial announcement on defence spending at the end of June 2026, left several unresolved funding commitments to be decided at the budget.
The Chancellor previously resigned as Defence Secre...
Commenting on the latest trade data released by the Office for National Statistics, William Bain, Head of Trade Policy at the British Chambers of Commerce, said:
“There was further volatility in June as the volume of goods exports dropped by 4.7 per cent, a reversal of May’s gains. Looking at the broader picture, the last quarter saw an increase...
Responding to the latest GDP data, published by the Office for National Statistics this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said:
“Faced with global headwinds from the Iran conflict, the UK economy showed welcome resilience in Q2, growing by 0.4%, according to today’s first estimate.
“The servic...
Reacting to the release of new government research on the costs involved with planned changes to zero hours contracts, Kate Shoesmith, Director of Policy at the BCC, said:
“The increased cost to businesses of the proposed changes to zero hours contracts will be a further hammer blow for many firms struggling to keep their heads above w...
The UK has a new Prime Minister who has promised to revive the nation’s economic fortunes. But he follows a succession of PMs who have pledged the same without ever managing to consistently deliver.
At the BCC, we think about little else than helping businesses and our economy thrive. That’s why we have developed a plan centred around three...