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Stock Markets · EnglandReacting to the latest inflation data published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “The inflation warning lights continue to flash, with July’s rate being slightly higher than most analysts had forecast. Prices are now rising at the fastest rate since the start of 2024, with little sign that inflation will be near the Bank’s target of 2% anytime soon. “Our surveys show inflatio…See the Story
Inflation Warning Lights Flashing - British Chambers of Commerce
European Union · United KingdomThe services sector is our most important economic asset, accounting for 80% of total UK output. However, the latest research by London School of Economics (LSE) shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers. This supports the evidence BCC hears directly from UK businesses. Before the introduction of the Trade and Cooperation Agreement (TCA) in 2021, many of the UK’s p…See the Story
