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

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

Socios Corporativos

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