Business Confidence Remains Weak After NI and Wage Cost Hikes, Says BCC

Business confidence remains weak after NI and wage cost hikes, says BCC

The British Chambers of Commerce urged the Government to rule out further tax hikes for firms later this year.

Tax concerns hit business confidence - Credit Connect

Confidence among British businesses has significantly declined due to Labour’s tax policies, according to a survey by the British Chambers of Commerce (BCC), revealing that 56% of firms are worried about their tax burden. While price rise expectations have eased back from near historic highs in Quarter 1, tax remains the biggest concern cited by firms. Only a third say domestic sales have grown over the last three months. The survey was carried …

Fragile Outlook Remains After NI Tax Hike | Northamptonshire Chamber of Commerce

Business confidence remains weak following the employer NI rise, with just under half of firms (49%) expecting turnover to increase in the next 12 months The proportion of businesses expecting to put up prices over the next three months eases to 44% (from a spike of 55% in Q1) Tax remains the main concern for firms, with 56% citing it as a worry closely followed by inflation (52%) No significant change in sales indicators, with only 32% of busin…

Fragile Outlook Remains After NI Tax Hike   - British Chambers of Commerce

Business confidence remains weak following the employer NI rise, with just under half of firms (49%) expecting turnover to increase in the next 12 months The proportion of businesses expecting to put up prices over the next three months eases to 44% (from a spike of 55% in Q1) Tax remains the main concern for firms, with 56% citing it as a worry closely followed by inflation (52%) No significant change in sales indicators, with only 32% of bu…

Business confidence hit by tax fears as Rachel Reeves’ headroom crumbles

British business confidence has been hammered by Labour’s tax blows but fears remain heightened the government will return for more.  A survey by the British Chambers of Commerce (BCC) revealed 56 per cent of firms were particularly concerned about their tax burden, which comes as Prime Minister Sir Keir Starmer failed to rule out further tax rises in PMQs on Wednesday. Businesses dealt with the impact of taxes from Chancellor Rachel Reeves’ mai…

BCC Director General Shevaun Haviland: No more tax on business - Cumbria Chamber of Commerce

If the Government is serious about growth, then it cannot tax business any further, Director General of the BCC, Shevaun Haviland, is set to warn.  At the BCC’s Global Annual Conference 2025, she will unveil new research showing the impact of the increase in National Insurance Contributions on firms.  The survey of more than 570 businesses – mostly SMEs – by the BCC Insights Unit, found that:  One third of firms (32%) said they have either made…