BCC Economic Forecast: Rising Business Costs to Hit Wider Economy
December 05, 2024
December 05, 2024
LONDON, England, Dec. 5 (TNSres) -- The British Chambers of Commerce issued the following news:
The British Chambers of Commerce (BCC) Quarterly Economic Forecast (QEF) has revised down growth expectations for 2024, but marginally improved GDP expectations for 2025 and 2026.
Increased government spending is likely to boost GDP, however business investment and trade are likely to suffer in 2025 - through the impact of the national insurance rise and major global uncerta . . .
The British Chambers of Commerce (BCC) Quarterly Economic Forecast (QEF) has revised down growth expectations for 2024, but marginally improved GDP expectations for 2025 and 2026.
Increased government spending is likely to boost GDP, however business investment and trade are likely to suffer in 2025 - through the impact of the national insurance rise and major global uncerta . . .