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A service for international trade professionals · Saturday, January 16, 2021 · 534,620,571 Articles · 3+ Million Readers
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British Chambers of Commerce News Monitoring

  • Published on Jan 15, 2021

    UK GDP fell 2.6% in November as economy hit by second Covid lockdown

    Rishi Sunak warns of 'harder' times to come with UK on track for double-dip recession despite signs of resilience with GDP only falling 2.6 per cent during second coronavirus lockdown in November GDP fell again in November as the four UK nations …

    Source: Daily Mail - Right-wing
  • Published on Jan 15, 2021

    'How many more lockdowns can we go through?' Bosses on Covid double-dip recession

    The UK economy shrank by 2.6% in November, as a second national lockdown in England and tough restrictions across the rest of the UK hit growth. The Guardian has spoken to three company bosses about the pressure they and their employees are facing as the …

    Source: The Guardian - Neutral
  • Published on Jan 15, 2021

    UK economy shrinks but might avoid double-dip recession

    LONDON (Reuters) - Britain’s economy shrank in November for the first time since the initial COVID-19 lockdown last spring, hit by a tightening of social-distancing rules. FILE PHOTO: Workers cross London Bridge with The Shard skyscraper seen behind on a …

    Source: Reuters - Neutral
  • Published on Jan 15, 2021

    Lockdown pushes UK economy into reverse

    Britain's economy shrank in November for the first time since the initial COVID-19 lockdown last year, hit by a tightening of social-distancing rules. The 2.6 per cent monthly decline was much smaller than most analysts expected - a Reuters poll had …

    Source: PerthNow - Neutral
  • Published on Jan 6, 2021

    Third lockdown puts UK on course for double-dip recession, says British Chambers of Commerce

    England’s third national lockdown is set to tip the UK’s economy over the edge - pushing it into a double-dip recession in the first quarter after a “downbeat end to 2020”, according to a new report. The review - conducted by the British Chambers of …

    Source: The Independent - Uncategorized
  • Published on Jan 15, 2021

    UK recession risk eases as GDP declines less than forecast

    The 2.6% contraction was 2 percentage points less severe than analysts had forecast. It means the economy will grow in the fourth quarter unless December, when restrictions eased, records a decline of 1%. The figures suggest that consumers and companies …

    Source: Mint - Neutral
  • Published on Jan 15, 2021

    Sunak under renewed pressure to give firms more Covid support

    Rishi Sunak is coming under renewed pressure to provide more financial support to businesses across the UK, as official figures are expected to confirm the UK has slumped into a double-dip recession. The British Chambers of Commerce (BCC) said the …

    Source: The Guardian - Neutral
  • Published on Jan 15, 2021

    Coronavirus live news: hospitals in Brazilian state at breaking point amid oxygen shortage; global deaths near 2m

    8.25pm EST 20:25 US officials warn ‘full resurgence’ of Covid in major population centers Victoria Bekiempis As coronavirus continues to tear across the US without any sign of slowing down, officials have warned there is a “full resurgence” in most major …

    Source: The Guardian - Neutral
  • Published on Jan 15, 2021

    Major UK business body calls for furlough scheme extension to July

    One of the UK’s largest business lobbies is calling for the government to extend the furlough scheme to July and to give out a fresh round of business grants worth £25,000 each. The British Chambers of Commerce (BCC) also called for temporary VAT cuts and …

    Source: City A.M. - Uncategorized
  • Published on Jan 12, 2021

    UK Businesses Face Miles of Red Tape with New Brexit Border Rules

    While the mile-long lines of trucks have dissipated at ports, UK businesses are waking up to less visible forms of friction at the border with the European Union that may cause more enduring damage. From health certificates to new taxes and additional …

    Source: Insurance Journal - Neutral
  • Published on Jan 11, 2021

    Why Rishi Sunak can’t escape blame for the Covid-19 crisis

    In a cabinet of duds, Rishi Sunak is typically regarded as having had a good crisis. After becoming Chancellor in February 2020 at the age of just 39, he is now the country’s most popular politician and the favourite to succeed Boris Johnson as …

    Source: New Statesman - Left-wing
  • Published on Nov 19, 2020

    British Chambers of Commerce demands post-lockdown clarity

    The British Chambers of Commerce (BCC) has accused Boris Johnson’s Government of “rushed stop-start restrictions”, “delays and imprecision”, and third rate communication throughout the Covid crisis. It is now calling on the Government to come up with a …

    Source: Business Live - Neutral
  • Published on Jan 7, 2021

    GDP will take less of a hit in third lockdown: ING

    After nearly a year of coronavirus restrictions the effect of a third lockdown on the UK economy will be less severe than the initial shock last March, in part because companies are far better prepared.  News of a mutant Covid strain that is more …

    Source: City A.M. - Uncategorized
  • Published on Oct 19, 2020

    UK-EU Post-Brexit Trade Deal Possible, Critically Important, British Chambers of Commerce Says

    World 10:44 GMT 19.10.2020(updated 10:48 GMT 19.10.2020) Get short URL LONDON (Sputnik) – The British Chambers of Commerce said on Monday that the post-Brexit free trade agreement between the UK and the EU is still possible and critically important, after …

    Source: Sputnik News - Gov't Propaganda
  • Published on Jan 6, 2021

    FTSE 100 roars to highest closing level since early March

    The FTSE 100 charged higher today as the blue-chip bourse closed at its highest levels since before the Covid-19 pandemic beared down on the UK in early March. After a sluggish start, the index surged 3.7 per cent to close at 6,855 points, in a third …

    Source: City A.M. - Uncategorized
  • Published on Jan 6, 2021

    Survey reveals huge level of business misery even before latest lockdown

    A new survey has revealed that businesses across the country feel worryingly downbeat about their prospects – and that was before a third national lockdown was announced. The British Chambers of Commerce Quarterly Economic Survey Q4 2020 revealed business …

    Source: Business Live - Neutral
  • Published on Jan 6, 2021

    FTSE 100 pushes higher again despite recession fears

    The FTSE 100 opened higher again this morning as the blue-chip bourse continued its strong start to the new year. After picking up 0.6 per cent yesterday, the index rose 0.8 per cent today to stand at 6,663 points. Read more: FTSE 100 inches back into the …

    Source: City A.M. - Uncategorized
  • Published on Jan 6, 2021

    UK makes subdued recovery from November lockdown -PMI

    By David Milliken LONDON, Jan 6 (Reuters) - Britain’s economy made only a subdued return to growth in December after shrinking during a four-week England-wide coronavirus lockdown in November, as the large services sector failed to fully recover, a survey …

    Source: Reuters - Neutral
  • Published on Jan 6, 2021

    UK could enter double-dip recession following third lockdown

    The UK could enter a double-dip recession following the third national lockdown. A "strikingly downbeat" end to 2020 is putting the country on course for the economic downfall in the first quarter, according to a report. It comes as global GDP …

    Source: Wales Online - Neutral
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