Noticias de la Cámara

British Chamber of Commerce responds to ONS Q1 2020 GDP stats

13/05/2020 Chambers_british_logo _1_1_8

Commenting on GDP statistics for Q1 2020, published today (13 May) by the ONS, BCC Head of Economics Suren Thiru said:

“The contraction in UK GDP in the first quarter underscores the negative impact that coronavirus had on the economy, even at its earliest stages. The quarterly decline was driven by a sharp drop in monthly GDP in March with activity in all sectors contracting as the UK went into lockdown.

“The speed and scale at which Coronavirus has hit the UK economy is unprecedented and means that the Q1 decline is likely to be followed by a further, more historically significant, contraction in economic activity in Q2.

“While a swift ‘V-shaped’ economic revival as restrictions are lifted may prove too optimistic, government support can play a vital role in avoiding a prolonged downturn. The extension of the furlough scheme was a crucial first step, but more needs to be done to ensure that the right support is in place to deliver a successful restart of the economy.”


Socios Patrón

  • Selier Abogados
  • Canon
  • PwC
  • Banco Sabadell
  • Arriva a DB Company
  • Santander
  • Brico Depôt
  • EAE Business School
  • Cuatrecasas
  • Iberdrola
  • Oxford University Press
  • El Corte Inglés
  • Telefónica
  • GSK
  • Savills
  • HSBC Bank
  • AstraZeneca
  • Gleeds Ibérica
  • Sage
  • JCB
  • Plain Concepts
  • Mitie
  • Pearson
  • Diageo
  • Hays España
  • Mondragon Corporación

Socios Corporativos

  • IQS
  • Flutter
  • Segro Spain Management
  • Presstour
  • Parque Tecnológico de Andalucía
  • BT Global Services
  • CMAC Group
  • Menzies LLP
  • Schüco
  • Baker Tilly
  • Grant Thornton
  • IESE Business School
  • Sacyr
  • Pinsent Masons
  • CaixaBank
  • Aon España
  • ISP Schools
  • Haleon
  • Forvis Mazars
  • Brand Finance
  • PKF Attest
  • MARCO Agency
  • EGD Logistics
  • Croda Ibérica
  • Araex Grands
  • AFI, Analistas Financieros Internacionales
  • Cognita Schools
  • Grupo Hospitalario HLA
  • ERM
  • Derby Hotels Collection
  • Firefly
  • Cubico Sustainable Investments
  • Barclays
  • Barrilero & Asociados
  • TSL Projects Spain
  • Oak House School
  • Brunswick Group
  • Currencies Direct
  • Kreab Worldwide
  • Uhy Fay & Co
  • Rentokil Initial
  • Control Group
  • Holiday World Resort
  • Ayming España
  • Spectrum IFA Group
  • Agbar
  • Redshaw Advisors
  • Indra Group
  • Kensington School
  • Globeducate British International School
  • Value Retail
  • Berkeley Energía
  • Adlanter
  • Lloyd’s Insurance Company SA, Sucursal en España
  • Lightsource bp
  • De Cotta McKenna y Santafé
  • British Council
  • Smith & Nephew
  • H10 Hotels
  • McArthurGlen Designer Outlet Málaga
  • UAL Awarding Body
  • BSI Group Iberia
  • Arup
  • PageGroup
  • BDO
  • Roman
  • Colt Technology Services
  • Mazars
  • Boult Wade Tennant
  • Gamma
  • Allergy Therapeutics Iberica
  • Bunzl Distribution Spain
  • Ferrovial
  • David Lloyd
  • Agencia de Innovación y Desarrollo de Andalucía IDEA
  • Gómez-Acebo & Pombo
  • Vueling Airlines
  • Cabrera Rodriguez ETL Global
  • Panorama Properties
  • A&O Shearman
  • Gilmar Real Estate
  • EY
  • ETL Global
  • Safetykleen
  • Invest Northern Ireland