Tags: BCC

The BCC say businesses lack trust in banks

A survey released by the British Chambers of Commerce (BCC) showcases the falling levels of trust that businesses have in financial institutions. The findings show that 49% of firms use banks or building societies for external finance, with only 10% using equity, and 8% using grants, venture capital, private equity, peer-to-peer lending and angel finance…

Tougher migration laws plan to allow only the ‘brightest and best’ to settle in the UK

Skilled migrants will have to earn at least £35,000 a year if they want to reside permanently in the UK, under new government plans announced yesterday. Immigration Minister Damian Green claimed that the minimum salary threshold would prevent temporary routes into the country being abused and bring immigration levels under control. “Settling in the UK…

No double-dip recession, but weak growth in 2012, says BCC

* BCC revises down 2012 GDP forecast from 0.8% to 0.6%. 2013 unchanged at 1.8% * Despite slow growth in 2012, a recession will be avoided, and prospects will improve in 2013 * John Longworth: “Chancellor must pull out the stops to enable British businesses to drive growth” The British Chambers of Commerce (BCC) today…