SCC respond to the Autumn Statement
Commenting on the Autumn Statement delivered by the Chancellor Jeremy Hunt, Dr Liz Cameron CBE, Chief Executive, Scottish Chambers of Commerce, said: “While today’s Autumn Statement brings some welcome measures to incentivise investment and bring people back into work, it is under the shadow of the OBR significantly cutting its long-term economic growth forecasts for […]
EY: Scotland to avoid recession despite flat economic performance
Resilient consumer spending may have helped the Scottish economy avoid a recession, but economic growth has been flat since Q2 of 2022 and will remain into 2024 when GVA is expected to rise by 0.3%, according to the EY ITEM Club Scottish Autumn forecast. The forecast adds that sentiment among businesses and households remains fragile […]
Rishi Sunak: The time has come to cut tax
Prime Minister Rishi Sunak has said the UK government is now able to cut taxes, after the pace of price rises eased. Mr Sunak said his target of halving inflation had been met so taxes would be reduced in “a responsible way”. He refused to comment on “speculation” about changes to individual taxes and said […]
Edinburgh Chamber of Commerce host International Trade Mission to Catalonia
Why Catalonia? Catalonia, with its 7.7 million inhabitants, has the most competitive economy in Southern Europe. It accounts for 25% of the Spanish industry and has a GDP similar to that of Finland. Historically a trading nation, its strategic location in the Mediterranean and its transport infrastructures, as well as its entrepreneurial and business-friendly economy, […]
SCOTLAND’S LEADING BUSINESS NETWORK CALLS FOR BUSINESS RATES TO BE FROZEN AT THE SCOTTISH BUDGET
Ahead of the Scottish Budget on 19th December 2023, the Scottish Chambers of Commerce, Scotland’s leading business membership organisation, has called for the Scottish Government to prioritise freezing the business rate in the coming financial year. This follows the recent publication of the SCC’s latest quarterly survey, which indicates that Scottish firms are struggling for […]
Scottish Chambers lands Heathrow as Headline Partner for Annual Business Address 2023
Scottish Chambers of Commerce has announced Heathrow Airport as the Headline Partner of the Annual Business Address taking place on 30th November 2023. Bringing together 500 leading figures from Scottish industry, business and politics, attendees will hear from a line-up of speakers on the theme of “Rallying for Growth” placing economic growth at the top […]
SCOTLAND’S LEADING BUSINESS NETWORK CALLS FOR BUSINESS RATES TO BE FROZEN AT THE SCOTTISH BUDGET
Ahead of the Scottish Budget on 19th December 2023, the Scottish Chambers of Commerce, Scotland’s leading business membership organisation, has called for the Scottish Government to prioritise freezing the business rate in the coming financial year. This follows the recent publication of the SCC’s latest quarterly survey, which indicates that Scottish firms are struggling for […]
SCC QUARTERLY ECONOMIC INDICATOR: Q3 2023 REPORT & PRESS RELEASE
HIGH INTEREST RATES PREVENTING INVESTMENT IN SCOTTISH ECONOMY INTEREST RATES FEAR RISING: Concern over interest rates has seen a significant increase over the quarter, rising from 37% of firms in the last quarter to half of firms, which is a five-year survey high. INFLATIONARY CONCERNS EASING: Concern over inflation remains high among all firms but […]
Scottish Business Community Celebrated at Reception Held at Edinburgh Castle
The best of Scottish business was celebrated at a reception at Edinburgh Castle last night. Attended by over 100 senior business leaders, the event showcased the immense contributions made by the Scottish Chambers of Commerce network in supporting businesses to grow and invest in local communities and highlighted Scotland’s place on the world stage in […]
New Deal for Business implementation plan published
The Scottish Government has published an implementation plan on how recommendations from the New Deal for Business Group (NDBG) can be taken forward over 18 months. The actions include a forum to oversee the impact of regulations on industry and a full review of how Government policy is developed to ensure businesses are consulted at […]
