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Chamber NewsInflation remains stable in March but could edge upwards according to BCC

Inflation remains stable in March but could edge upwards according to BCC

According to the Office for National Statistics (ONS), inflation remained stable in March at 1.9% as a rise in fuel prices from the previous month was offset by a fall in food prices. House prices rose in February at the weakest rate since February 2019 but fell by 3.8% in London. The ONS said house price growth had slowed over the last two years.  Commenting on the inflation statistics for Mar...

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Chamber NewsBCC: Labour market in good order but challenges remain

BCC: Labour market in good order but challenges remain

Commenting on the labour market figures for April 2019, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:                                    “The strong increase in employment, coupled with another fall in the number of people out of work, suggests that the UK labour market remains in good order. “However, behind t...

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Chamber NewsNew role available with Hinkley Supply Chain Team

New role available with Hinkley Supply Chain Team

An exciting opportunity has arisen to join the Hinkley Supply Chain Team and be part of the construction of the first new nuclear power station in a generation at Hinkley Point C, near Bridgwater. The Hinkley Supply Chain Team (HSCT), a collaboration including the Somerset Chamber and EDF Energy, has managed the South West supplier registration portal (www.hinkleysupplychain.co.uk) and associated...

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Chamber NewsBleadon business wins hamper of Somerset goodies

Bleadon business wins hamper of Somerset goodies

Fruit pomace experts A & R House (BCL) Ltd, of Purn House Farm, Bleadon, were the winners of the Chamber’s prize draw to win a hamper packed-full of Somerset goodies. Jenn Chidley-Sanders, the Chamber’s Member Engagement and Policy Manager, presented the hamper to Alistair House at the family farm. A & R House was chosen at random from more than 150 entries to win the hamper, which i...

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Chamber NewsExciting partnership to boost high-growth businesses launched in Somerset

Exciting partnership to boost high-growth businesses launched in Somerset

BUSINESS support organisations Inspire and Somerset Chamber of Commerce are joining forces to deliver even more support for high-growth businesses across the region as part of a partnership which will include access to the prestigious Goldman Sachs 10,000 small business programme. Inspire has already been running successfully across the border in Wiltshire, spearheaded by Wessex Chambers. That kn...

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Chamber NewsBCC economic survey shows sharp slowdown due to Brexit uncertainty and weakening global markets

BCC economic survey shows sharp slowdown due to Brexit uncertainty and weakening global markets

The British Chambers of Commerce’s (BCC) quarterly economic survey – the largest private sector survey of business sentiment and leading indicator of UK GDP growth – found that key indicators of UK economic health weakened considerably in the first quarter of 2019.  Key findings included: The balance of services firms reporting a rise in export sales was at its lowest level in a deca...

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Chamber NewsSomerset Chamber CEO officially opens new SS&L head office

Somerset Chamber CEO officially opens new SS&L head office

On Friday, 29 March, Stephen Henagulph, Chief Executive of Somerset Chamber of Commerce, officially opened the Somerset Skills & Learning Head Office, Courtenay House in Taunton. The event was attended by local businesses, students and staff.    Stephen Henagulph, who cut the ribbon, said: “It was a great honour to be invited to officially open the offices of Somerset Skills & Le...

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Chamber NewsSomerset Chamber announce plans to open second office to cover the North of the region

Somerset Chamber announce plans to open second office to cover the North of the region

Somerset Chamber of Commerce have announced ambitious plans to open a second office in Somerset, offering further support to businesses across the county.  From their Taunton based HQ, CEO Stephen Henagulph today revealed that the Chamber have developed a Somerset North office covering Highbridge, Weston and the Mendip area of the county.  Stephen commented “Since joining the Chamber as CEO ...

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Chamber NewsInflation up in February but predicted to remain close to 2% target

Inflation up in February but predicted to remain close to 2% target

Commenting on the inflation statistics for February 2019, published today by the Office for National Statistics, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “Inflation picked-up for the first time since August 2018, with rising prices across a range of items including food and alcohol, placing the largest upward pressure on price growth in February. “Infla...

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Chamber NewsFree workshops to help new businesses flourish

Free workshops to help new businesses flourish

NEW businesses are being offered access to a free series of workshops designed to help them on the road to success. Organised by Somerset Chamber of Commerce and open to all chamber members who have been in business for under three years, the workshops will focus on business planning, accounting, marketing and sales. The first workshop, Business Planning, takes place at the Somerset Chamber of C...

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Chamber NewsBCC forecasts UK economy will falter further due to Brexit uncertainty

BCC forecasts UK economy will falter further due to Brexit uncertainty

The British Chambers of Commerce (BCC) has today (Monday) slightly downgraded its growth expectations for the UK economy, forecasting growth of just 1.2% in 2019 (down from 1.3%), which if realised would be the weakest growth in a decade. The BCC has also downgraded its growth forecast for 2020 to 1.3% (down from 1.5%) and published its first forecast for 2021 of 1.4% growth.  A weaker outlook f...

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Chamber News'No deal' Brexit tariffs - FAQs

'No deal' Brexit tariffs - FAQs

The Government has today announced a range of temporary import tariffs which would come into effect if the UK leaves the EU on March 29 without a deal in place.  How should you be preparing for a 'no deal' Brexit? The British Chamber of Commerce has produced an FAQ checklist to help businesses plan for Brexit. We've also put together the following FAQs about the 'no deal' Brexit tariffs for our...

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Chamber NewsBCC comments on Spring Statement

BCC comments on Spring Statement

Commenting on the Spring Statement, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said: “The Chancellor is right to warn of the risks that a messy and disorderly exit on March 29th would pose for the economy. Westminster must heed the fact that businesses and government agencies are simply not ready for such an abrupt change, and Parliament must take concrete act...

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Chamber NewsUrgent talks needed on ‘no deal’ Brexit tariffs

Urgent talks needed on ‘no deal’ Brexit tariffs

SOMERSET businesses remain in a state of limbo and urgent consultation and clarity is needed before any trade tariff changes come into effect in the event of a ‘no deal’ Brexit, Stephen Henagulph, the Chief Executive of Somerset Chamber of Commerce said today (March 13). Mr Henagulph maintained that a ‘no deal’ Brexit was not practical for the chamber’s members and said the announcement...

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Chamber NewsFine dining and networking at Weston College

Fine dining and networking at Weston College

Students from Weston College showcased their catering skills when they hosted a dinner for 50 local business people at an event organised by the college and Somerset Chamber of Commerce on March 7. The evening was held at the college’s Knightstone Campus and gave businesses from a variety of sectors the opportunity to make new contacts and meet old acquaintances. Stephen Henagulph, the Chief E...

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