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Spring Statement | BCC Annual Conference | Women in e-commerce

Spring Statement
The first Spring Statement follows the change to a new system with only one Budget and Finance Bill announcement each year, meaning businesses and people face less frequent changes to the tax system, helping to promote certainty and stability.
Chancellor Philip Hammond has said the UK economy is growing at a slightly faster rate than predicted in November and borrowing is down. Growth will be 1.4 per cent this year, 0.1 per cent higher than forecast, with the forecast for 2019 and 2020 unchanged at 1.3 per cent. The Chancellor said there was “light at the end of the tunnel” for the UK economy.
The next revaluation for business rates has been brought forward to 2021 and a review into how to help the least productive businesses catch up with the most, and how to eliminate late payments to small businesses, was also announced.

Trade Secretary, Liam Fox, addresses the BCC Annual Conference
On 8 March the British Chambers of Commerce hosted its Annual Conference, which focused on the three key themes: the future of work, diversity in business and the future of UK trade.
Secretary of State for International Trade and President of the Board of Trade, Liam Fox, made a speech about trade and EU exit. He highlighted the record foreign direct investment numbers here in the UK and that our exports of both goods and services are booming.
Furthermore, the Trade Secretary said that global trade is leading our economy forward, an increasingly large global middle class is driving demand for high quality products that Britain has to offer, and over the next decade 90 per cent of global economic growth is expected to be from outside the EU.
Women are taking a leading role in the e-commerce landscape
To celebrate International Women’s Day, DHL dug deep into the world of
e-commerce to find out whether it really is creating more opportunities for women to excel. As consumers, women drive 70-80 per cent of consumer purchasing but how do things look on the management side?
The number of British female entrepreneurs operating e-commerce businesses has risen by 28 per cent over the past five years and is growing faster in the UK than anywhere else in Europe. Read about some of the most successful, female run,
e-commerce companies today.

Thursday 15 March 2018

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