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

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

Socios Corporativos

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