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British Chamber of Commerce Monthly Economic Review

The BCC’s Monthly Economic Review is a short briefing that provides easy-to-use commentary on the key economic indicators for UK businesses.

The report also provides a comparison between the economic data compiled by external organisations such as the Office for National Statistics (ONS) and the BCC’s own Quarterly Economic Survey and economic forecast.

Suren Thiru, Head of Economics, British Chamber of Commerce:

“Taken together, February’s data releases indicate that the UK economic prospects are deteriorating. The Chancellor should use this month’s Spring Statement to tackle the cost-of-doing-business crisis by delaying the National Insurance rise, introducing a temporary energy price cap for smaller firms to protect them from energy price rises, and committing to no further policy measures that will increase costs for business for the remainder of this Parliament.”