Spring Budget must ease cost pressures on businesses, says BCC

The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on small businesses.

Call 01323 411222 or email info@advanta-ca.com

The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on small businesses.

Research carried out by the BCC revealed that 65% of firms are planning to raise prices due to cost pressures. In addition, 47% of firms stated that paying their energy bills will be difficult when the current energy support package ends.

The business group also found that 30% of businesses feel regularly troubled about taxation and regulation.

Shevaun Haviland, Director General of the BCC, said:

'This snapshot of the state of play for business at the start of 2023 sets out exactly why the Chancellor must act in his Budget to fuel investment in the UK.

'We know we have a tough year ahead. With costs piling up on their doorsteps and so much uncertainty on government policies, there is currently little incentive for firms to risk either their dwindling cash reserves or fresh loans on new projects.

'Firms know that the UK's finances are tight, but the Chancellor needs to show more faith in the ability and talent of our businesses.'

Internet link: BCC website

We're only a phone call away!

By instructing us with a fixed fee agreement you can have unlimited access to all our team. This means that you can call on us at any time knowing that the meter is not running. So we hope that you will feel free to speak to us whenever you need to, without having to worry about the cost. If any extra work arises we will give you a fixed price quotation for the extra work before it is started.

Contact us

Contact Details

Please call:
01323 411222

Advanta Business Services Limited, 29 Gildredge Road, Eastbourne, East Sussex BN21 4RU

Home | Contact us | Site map | Accessibility | Disclaimer | Help | How have we done?

VAT Registration Number 857 3408 06.
Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities membership number C001232836.

© 2025 Advanta Business Services Limited. All rights reserved. powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.