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Reacting to the publication of the UK Government’s Steel Strategy and its decision on new import quotas and tariffs from 1 July, William Bain, Head of Trade Policy at the BCC, said:
“The Steel Strategy provides businesses with a clear vision on the government’s aims for competitiveness and resilience for this essential manufacturing building block....
Reacting to the latest interest rate decision, by the Bank of England, David Bharier, Head of Research at the British Chambers of Commerce, said:
“The geopolitical kaleidoscope has been dramatically shaken since the Bank last met to set the interest rate. Today’s decision to hold rates at 3.75% was therefore widely expected.
“The ongoing...
Reacting to the latest labour market data from the ONS, David Bharier, Head of Research at the British Chambers of Commerce, said:
“With unemployment at 5.2% for the quarter, and expectations it will continue to rise, there are clear signs that pressure is growing on the labour market. Our
More than half of UK firms (54%) are now actively using AI, according to new research by the British Chambers of Commerce (BCC), in partnership with Atos, showing a major jump in tech adoption.
Previous BCC research found that 35% of firms were using AI in 2025, up from 25% in 2024 and 23% in 2023.
The fresh res...
Reacting to today’s speech by the Chancellor at the Mais Lecture, Shevaun Haviland, Director General of the BCC, said:
“The three key priorities in the Chancellor’s speech will resonate with many businesses as they fight to get on the front foot.
“Investing in our regional economies, promoting AI and improving our trading relationship w...