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The Latest Breaking News from the British Chambers of Commerce

Oil nearing $120 a barrel for first time since 2022 as Trump maintains Iranian blockade – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude approaches highest level since Middle East conflict began

The Guardian - UK

Oil prices latest: UK inflation forecast to spike amid fears Iran war could trigger new cost of living crisis

Price of oil has surged since US and Israel launched airstrikes towards Iran 10 days ago

The Independent UK

UK inflation ‘to be pushed higher’ by energy prices amid Iran conflict

The British Chambers of Commerce said the geopolitical situation could ‘change the economic outlook considerably’.

Evening Standard

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Keir Starmer told closer EU trade ties ‘strategic necessity’ for UK firms

Labour urged to accelerate reset with Brussels as many exporters struggling to trade in the EU after Brexit deal

The Guardian - UK

UK exports to US plummet in wake of Trump tariffs

Sales were £2bn lower in three months compared to the same quarter last year, the British Chambers of Commerce warned

The Independent UK

Business confidence remains weak after NI and wage cost hikes, says BCC

The British Chambers of Commerce urged the Government to rule out further tax hikes for firms later this year.

Evening Standard

Governments urged to make North Sea future a ‘national mission’

The North Sea transition taskforce called for action from both the UK and Scottish governments to help the sector with a ‘just transition’.

Evening Standard

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Businesses warn of job losses threat as Starmer hopes to get 2m back into work

Tensions between business leaders and the Labour government continue to grow as Starmer puts hopes in company bosses to employ 2 million more people

The Independent UK

Businesses battered by Brexit urge Labour and Tories to slash EU tariffs

The British Chambers of Commerce (BCC) cites improved relations with the trading bloc as part of its five-point plan to boost economic growth

The Independent UK

Half of UK exporters say Houthi attacks in Red Sea disrupting business

The British Chambers of Commerce says 55 percent of exporters report higher shipping costs and delays.

Al Jazeera

Tech bosses hope driverless car laws will clear the road for UK software industry

But firms hoping to win big giveaways in the king’s speech this week are likely to be let down

The Guardian - UK

Pound hits three-month low as Bank of England governor predicts ‘quite marked’ fall in inflation – as it happened

Governor Andrew Bailey tells MPs that BoE is “much nearer” to ending its run of interest rates increases

The Guardian - UK

North East business leader urges Chancellor to 'kickstart' region's economy

Chamber of Commerce chief executive John McCabe was meeting Chancellor Jeremy Hunt alongside other business leaders

Birmingham Post

Scottish employers 'missing out on hidden talent pool'

Nearly two in five Scottish organisations don’t have specific skills initiatives in place for underrepresented groups

Insider UK

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Insider UK

New business group launched to rival CBI ahead of crunch vote

The British Chambers of Commerce has managed to get the likes of BP, Heathrow and Drax onboard as founding members

The Conversation

How to hone your leadership skills, and what your company can do to help

The UK labour market has finally started to see a fall in vacancies following a post-COVID spike in open positions. But there are still more than a million job vacancies, which are “damaging the economy by preventing firms from fulfilling order books and taking on new work”, according to the…

The Independent UK

Watch live: Jeremy Hunt and Andrew Bailey speak at British Chambers of Commerce conference

Watch live as Jeremy Hunt and Andrew Bailey speak at the British Chambers of Commerce in Westminster on Wednesday, 17 May.

The Guardian - UK

Keir Starmer says Labour will prioritise growth which will mean ‘better jobs, public services, holidays and more cash’ – as it happened

Labour leader gives address to BCC conference and outlines mission for UK to have highest sustained growth in G7 in next parliament

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The Guardian - UK

If the CBI is off the pitch, hand the captain’s armband to the British Chambers of Commerce

If it can shed its sleepy image and get big firms on side, Martha Lane Fox is right the BCC could step up

Birmingham Post

Lack of quality infrastructure and skilled labour deepen SME rural-urban divide - BCC

Rural firms are still at a disadvantage compared to their urban counterparts across Wales and the UK, says Chambers Wales

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