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Chamber NewsSecond lockdown a "devastating blow to business communities", says BCC

Second lockdown a "devastating blow to business communities", says BCC

The second national lockdown in England has been described as a “devastating blow to business communities” by British Chambers of Commerce Director General Adam Marshall. He said business confidence had already been hit hard and there appeared to be no end in sight. People will have to work from home where possible, pubs and restaurants, among other businesses, will have to close, with only ...

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Chamber NewsBCC welcomes additional support for businesses hit by COVID-19 restrictions

BCC welcomes additional support for businesses hit by COVID-19 restrictions

The Chancellor has unveiled increased support for jobs and workers hit by COVID-19 restrictions for all businesses and the self-employed who can show their revenue has been adversely affected. Under the revised scheme, employers will pay less and staff can work fewer hours before they qualify.Open businesses which are experiencing considerable difficulty will be given extra help to keep staf...

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Chamber NewsJudges share top tips as deadline looms for Somerset Business Awards 2021

Judges share top tips as deadline looms for Somerset Business Awards 2021

There is just over a month left to enter this year’s Somerset Business Awards and past winners and current judges have been sharing their top tips to help businesses put together a potentially award-winning entry. Businesses have until November 27 to submit their entries via the Somerset Business Awards website www.somersetbusinessawards.org.uk and with 14 categories, including three new awards...

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Chamber NewsSomerset Chamber CEO signs BCC letter challenging PM to meet five business tests for COVID-19 restrictions

Somerset Chamber CEO signs BCC letter challenging PM to meet five business tests for COVID-19 restrictions

Somerset Chamber CEO Stephen Henagulph has joined fellow Chamber network chiefs to call on the Prime Minister to meet five business tests to limit the impact of Coronavirus restrictions on businesses and jobs. In a letter to Boris Johnson from the British Chambers of Commerce Director General, Dr Adam Marshall, BCC President Baroness Ruby McGregor-Smith and Chamber CEOs from across the United Kin...

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Chamber NewsBCC responds to 'time is running out’ campaign

BCC responds to 'time is running out’ campaign

Commenting on the launch of the Government’s ‘time is running out’ campaign, urging businesses to prepare for the end of the transition period, BCC Director General Adam Marshall said: “Facing the triple threat of a resurgent Coronavirus, tightening restrictions and a disorderly end to the transition period, it is little wonder businesses are struggling to prepare. Many firms will be tired...

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Chamber NewsThree tier lockdown rules branded "a blow to business" by BCC

Three tier lockdown rules branded "a blow to business" by BCC

The new three tier Coronavirus restrictions announced by the Prime Minister have been branded "a real blow to business" by British Chambers of Commerce Director General, Adam Marshall. Dr Marshall said: “Intensified restrictions will be a real blow to business and public confidence at a delicate time for the economy. Firms have put hard work and precious cash into making their businesses Covid-...

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Chamber NewsYeovil Chamber celebrates inaugural business awards

Yeovil Chamber celebrates inaugural business awards

Yeovil Chamber delivered a successful, inaugural Business Awards ceremony, under very challenging circumstances on Friday, October 9, at Yeovil Town Football Club. The awards were the first of what is hoped to be a big and regular fixture on the Yeovil business calendar.  Sadly, the social distancing rules restricted the awards to a tightly-managed online affair, but this did not dampen the day,...

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Chamber NewsBCC responds to updated Border Operating Model

BCC responds to updated Border Operating Model

Commenting on the Government’s updated Border Operating Model, published today, BCC Director of Trade Facilitation Liam Smyth said: “Today’s announcement of a revised Border Operating Model provides some more of the detail that was missing from the version published less than 12 weeks ago. "Duty deferment accounts and postponed VAT accounting will both help firms’ cashflow as we enter a p...

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Chamber NewsLatest Government lockdown job support and grants "do not go far enough"

Latest Government lockdown job support and grants "do not go far enough"

British Chambers of Commerce Director General Adam Marshall has said the Government’s latest Job Support Scheme does not go far enough to help businesses facing local lockdown restrictions. The Government has announced it would expand the Job Support Scheme to support businesses that were required to close due to local Coronavirus restrictions. Government will pay two thirds of employees’ sa...

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Chamber NewsEconomy may be running out of steam, says BCC

Economy may be running out of steam, says BCC

The UK economy continued its recovery in August, growing by 2.1%, as the Eat Out to Help Out scheme boosted restaurants, according to the latest figures from the Office for National Statistics But the figure was below expectations and the economy is still 9.2% smaller than before the pandemic struck. It marked the fourth consecutive month of expansion following the slump induced by the Coronavir...

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Chamber NewsBCC Quarterly Economic Survey Q3 2020: Nearly half of firms report UK sales decrease as businesses endure sustained cash crunch

BCC Quarterly Economic Survey Q3 2020: Nearly half of firms report UK sales decrease as businesses endure sustained cash crunch

The British Chambers of Commerce’s Quarterly Economic Survey (QES) – the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth – found that business conditions remained weak in the third quarter of 2020, despite much of the economy reopening.  The bellwether survey of 6,410 firms, employing over 580,000 people across the UK, revealed tha...

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Chamber NewsBCC welcomes move to help ensure small businesses are paid on time

BCC welcomes move to help ensure small businesses are paid on time

The British Chambers of Commerce has welcomed new proposals outlined by the Government to ensure small businesses in the UK are paid on time. Currently £23.4 billion worth of late invoices are owed to small firms across Britain, impacting on businesses’ cash flow and ultimate survival. The announcement was part of a new consultation launched today, look to give new powers to the Small Busines...

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Chamber NewsDomestic reverse VAT charge for building and construction services – a guide to the changes from HMRC

Domestic reverse VAT charge for building and construction services – a guide to the changes from HMRC

In June 2020, HMRC announced a delay to the introduction of the new rules for the VAT domestic reverse charge for building and construction services. The new rules will instead come into effect on 1 March 2021. This is to help construction businesses overcome the effects that COVID-19 has had on them and to allow for more time to prepare. This could affect you and the way you need to account for V...

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Chamber NewsBCC welcomes Chancellor's Winter Economic Plan

BCC welcomes Chancellor's Winter Economic Plan

The British Chambers of Commerce's (BCC) Director General, Adam Marshall, has welcomed the Chancellor Rishi Sunak's  announcement of a Winter Economic Plan, including a new raft of measures to support businesses and the economy as the pandemic continues. Dr Marshall said: “The measures announced by the Chancellor will give business and the economy an important shot in the arm. Chambers of Comm...

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Chamber NewsBrexit: 26 unanswered questions for business with fewer than 100 days to go

Brexit: 26 unanswered questions for business with fewer than 100 days to go

The British Chambers of Commerce (BCC) has published a critical update of its Brexit guidance dashboard containing 26 key questions that remain unanswered with just 98 days to go until the end of the Brexit transition period. The leading business group published the document alongside new research which suggests business preparation for the coming changes is low due to the unprecedented challenge...

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