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

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

Socios Corporativos

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