Norfolk Business News

Policy
18/05/2020
The Chambers Quarterly Economic Survey (QES), the UK’s largest independent business survey, is open today (Monday 18 May) for three weeks. Last week, the Chancellor, Rishi Sunak, announced that the UK was officially in recession and the Bank of England advised that it believes that this will be the...
Coronavirus
13/05/2020
Results from the latest BCC Coronavirus Business Impact Tracker reveal that firms are ready for a gradual reopening of the economy but will need continued, adaptable government support during a phased return to work.  Over 70% of respondents have furloughed a portion of their staff Nearly...
Export
13/05/2020
Confirmation has been received that British Chambers of Commerce in conjuction with DIT have negotiated with the Saudi customs authorities for electronically signed Certificates of Origin to be accepted with immediate effect.    These documents can now be applied for by the Express method within e-...
Coronavirus
13/05/2020
Commenting on the launch of a temporary government backed guarantee to support the provision of trade credit insurance for businesses, BCC Director General Adam Marshall said: “The government has demonstrated once again that it is listening to the concerns of our business communities. “The launch...
Policy
13/05/2020
Commenting on GDP statistics for Q1 2020, published today (13 May) by the ONS (Office of National Statistics), British Chambers of Commerce, Head of Economics Suren Thiru said: “The contraction in UK GDP in the first quarter underscores the negative impact that coronavirus had on the economy, even...
Coronavirus
13/05/2020
Self-employed workers in the UK will be able to apply for grants of up to £7,500 from today, with payments due within six days, the Government has said. The Self-Employment Income Support Scheme (SEISS) grant is worth up to 80% of average trading profits for those stuck at home. It is the biggest...
Coronavirus
12/05/2020
The Chancellor, Rishi Sunak has today announced the extension of the Coronavirus Jobs Retention Scheme until the end of October 2020. The scheme has supported over 7.5 million furloughed workers across the UK.  Mr Sunak advised that up to the end of July the scheme remains unchanged.  And from...
Coronavirus
12/05/2020
Yesterday, the UK government published their Coronavirus recovery strategy. This document describes the progress the UK has made to date in tackling the Coronavirus outbreak and sets out the government’s plans for the next phases of its response. The government has also updated its guidance for...
Coronavirus
11/05/2020
Commenting on the Prime Minister’s address on Sunday evening, in which he set out a conditional plan for the next phase of the response to Covid-19, Nova Fairbank, Head of Policy for Norfolk Chambers said: “Norfolk businesses share the Prime Minister's ambition to see more people return safely to...
Coronavirus
07/05/2020
Commenting on the latest UK Finance figures (7 May) on the number of firms successfully accessing CBILS, the BCC’s Head of Economics Suren Thiru said: “Although the steady improvement in the number of firms accessing CBILS is welcome, with many firms only having a few months' cash in reserve the...

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