Trade Ministers from the UK and Mexico are today launching negotiations on an improved trade agreement between the two countries.
• Four out of five employers (81%) say they have been impacted by the increase in National Insurance contributions • Higher prices, reduced investment and increased staff costs were among the main effects cited • Employers expect wages to increase by a median average of 5% over the next year
Commenting on the ONS Labour Market statistics for May 2022, BCC Head of Economics, Suren Thiru, said:
Responding to the details of the Government’s legislative plan set out in today’s Queen’s Speech, Shevaun Haviland, Director General of the BCC, said:
The British Chambers of Commerce is calling for an immediate emergency budget to deal with the costs crises facing businesses and people throughout the country.
Statement follows UK International Trade Secretary's meeting with U.S. Trade Representative in Aberdeen, Scotland.
Latest figures released today by the British Chambers of Commerce show the pressure on firms struggling to recruit staff remains at record high levels. The data for the leading business group’s Quarterly Recruitment Outlook survey for Q1 2022 was drawn from a survey of 5,500 businesses.