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BCC Press Release: Customs Procedures Still Holding Back UK Exports

Major survey of UK businesses finds customs procedures remain the top barrier to exporting (cited by 45% of companies) 40% of firms say geo-political events have impacted their business over the last year 37% of exporters anticipate an increase export business over the next 12 months, but 91% of non-exporters do not expect to export Most exporters are not familiar with new or upcoming trade changes Customs procedures continue to be the main export hurdle for UK companies, according to a major new survey of businesses by the British Chambers of Commerce Insights Unit, published during International Trade Week.

Eleanor Ferrari

15 November, 2024

Business West

Swindon Railway Quarter Redevelopment: Heidi Alexander Holds Inaugural Strategic Board Meeting

“Swindon Knowledge Central” will be one of the UK’s largest brownfield regeneration projects New board to oversee development includes Network Rail, Swindon Borough Council, LCR Property, GWR, Homes England, Department for Business and Trade, UK Research & Innovation (UKRI), University of Bath, Business West, Western Gateway. Project supports the Government’s economic growth focus, and housing and development agenda Heidi Alexander MP has chaired the inaugural board meeting for the Swindon railway quarter redevelopment. The project, Swindon Knowledge Central, supported by Business West, focuses on the redevelopment of land around Swindon station and will be one of the UK’s largest brownfield regeneration projects.

Amy Drummond

12 November, 2024

Business West

Lack of Recognition for South West in Chancellor's Budget

Did you notice that mention of the South West was sadly lacking in the Chancellor’s Big, Big Budget?There were lots of mentions of the North and the North West as the recipients of help from government but just one quite vague mention of the aerospace sector in the South West.I noticed a mention of Derby but that, in geographical terms, was the nearest to us. Did I miss something?Missing out in government recognition, in my view, is becoming far too frequent for this region.I was hoping that Gloucestershire might get a mention for the exciting plans for the development of the mini nuclear reactors, or SMRs, on the decommissioned nuclear power station sites at Berkeley and Oldbury.No mention at all. But we got name checking of railway line investment around Manchester and in Yorkshire.The lack of government focus on this region must give us a wake-up call that more than ever it will be important for our devolved local and regional leaders to make the case for government and the private sector to invest here and grow Gloucestershire’s economic potential.Business West welcomes the government’s mantra to “Invest, Invest, Invest” through our key areas of economic growth, particularly with a commitment to supporting our region’s vital industries such as aerospace, advanced manufacturing, creative industries and clean energy.We recognise that the government faces a tight fiscal position and have had to make hard decisions. However, we are really concerned that raising the tax burden on the business community could hinder the government’s much sought after growth and undermine company investment.And we also welcome measures for small business such as changes to the employment allowances and business rate relief for our region’s retail, hospitality and leisure sectors.But such fine margin industries, where employment costs form a large share of their cost base, will be disproportionately impacted by these extra employee contributions.We are now promised an industrial strategy by the new government. The next steps following this big Budget will be vital if real growth is to be delivered.

Ian Mean

5 November, 2024

Business West

How to Transition to a Green Career: A Practical Guide

The Rise of Green Careers: A Growing Landscape of Opportunity Written by Chloe Barratt Green jobs are expanding rapidly, contributing £74 billion to the UK’s economy last year alone. With an estimated 700,000 new green jobs expected to emerge across the UK in the next decade - and 140,000 green jobs anticipated in the South West by 2050, primarily in energy, housing retrofit, and green infrastructure – the sector is only set to grow.

Chloe Barratt

5 November, 2024

Business West