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BCC comments on Bank of England’s Super Thursday
Commenting on today’s interest rate decision and inflation report by the Bank of England’s Monetary Policy Committee, Dr Adam Marshall, Director General at the British Chambers of Commerce (BCC), said:
“The Bank of England’s decision to keep interest rates unchanged is unsurprising, and reflects the more subdued levels of...Read More »
BCC: Home Secretary right to take objective look at migration trends and needs
Director General Adam Marshall comments on the Home Secretary’s decision to ask the Migration Advisory Committee to evaluate migration impacts on the UK economy.
“We welcome the Home Secretary’s decision to commission rigorous and independent analysis to inform the shape of our future immigration system. Business communities across the...Read More »
Employers concerned about return to the past on tribunals, says BCC
Director of Research Mike Spicer comments on the Supreme Court ruling that employment tribunal fees should be scrapped.
“A fair tribunal system must provide access to justice for all, while at the same time discouraging unmeritorious claims.
“Today’s ruling will leave employers concerned about a return to the past, when despite winning...Read More »
BCC comments on GDP for Q2 2017
Head of Economics Suren Thiru comments on the first estimate of GDP for Q2 2017.
“While GDP growth in Q2 was a slight improvement on the previous quarter, it was still less than half the pace of growth recorded at the end of 2016, and provides further evidence that...Read More »
BCC comment following PM’s Business Council meeting
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Following his attendance at the Prime Minister’s business council meeting, Francis Martin, President of the British Chambers of Commerce (BCC), said:
“The increased tempo of engagement with business in recent weeks is welcome, as is the Prime Minister’s commitment to sustain that engagement over the crucial months ahead.
“High-level...Read More »