Solihull Chamber News Column - 29th June 2017
Solihull Chamber members as the waiting game continues on Brexit. Which does nothing to foster a healthy growing economy.
The British Chambers of Commerce (BCC) says the cost of doing business in the UK is too high – and deters the investment, recruitment and growth capabilities of our firms. Companies are faced with significant currency fluctuations and rising upfront costs, and their growth efforts are hampered by skills shortages and poor physical and digital connectivity.
Yet BCC does expect a slight growth for 2017 from 1.4% to 1.5%. This growth is being driven by a strong first quarter. The services sector where most of our members in Solihull come from, is expected to show the greatest sector rise of 1.7% this year.
The Chamber is urging Westminster to tackle these issues to give all businesses the best opportunity to grow.