Electric cars share of UK market falls Manufacturers are feeling doubts over whether they can reach new green targets as electric cars share of Uk market falls for the first time annually. The share UK market has been rising each year and reached a peak of 16.6% of annual sales in 2022. In 2023, the share failed to increase and stayed at 16.5%. This has prompted manufacturers to be requesting tax ...
Read MoreThe British-Swedish Chamber of Commerce is delighted to invite you to the fourth seminar in our series on security & geopolitics. Following on from previous seminars, Christian Hedelin, Chief Strategy Officer, Saab, together with Frédéric Cho, Vice Chair, Sweden-China Trade Council will share perspectives on the emerging security & geopolitical landscape. The seminar is generously hosted by Kreab. Date: 31 January 2024 Time: 17.00-19.00 CET Venue: Kreab Stockholm, Mäster Samuelsgatan 17, 111 44 Stockholm
Read MoreThe British-Swedish Chamber of Commerce is delighted to invite you to the second follow-up session on the emerging security and geopolitical landscape with speakers: Christian Hedelin, Head of Strategy at Saab, Patrik Jotun, Director at Swedish Center for Russian Studies, Mattias Hedwall, Head of the International Commercial & Trade Group at Baker McKenzie Advokatbyrå. At this seminar participants will be provided with a short status update on the situation in Ukraine, including the main implications on geopolitics, security and economy ...
Read MoreUK Business activity Rise Economic output in the final quarter was expected to fall by most economists due to the slump in output from the manufacturing industry. However, the S&P Global flash UK composite output index, which measures the success of both services and manufacturing industries, has shown otherwise. It rose from 50.7 to 51.7 this month which is the most significant rise in the last 6 months. The surprising increase in the ...
Read MoreConservatives split over immigration policies Division within the Conservative party exacerbated this week just before the vote on legislation aimed to revitalise plans to send asylum seekers to Rwanda. The original deal was announced in April last year where some asylum seekers arriving in the UK would be sent to Rwanda for processing and they could be granted refugee status upon arrival. The government had announced plans that anyone after 1 ...
Read MoreYesterday the BSCC and H.E. Ms. Judith Gough welcomed members to the BSCC Annual Christmas Reception and Award Ceremony hosted at the Ambassador’s residence. It was lovely to see so many of you yesterday and we would like to extend many thanks to all of our members for your contribution and support throughout the year. During the evening we had the honour of announcing Leif Johansson, as the winner of the ...
Read MoreOn Monday 4 December, we had the privilege of welcoming our Patron members to the BSCC Annual Patrons' Dinner. The event featured Jim Rowan, CEO of Volvo Cars, as our guest of honour and speaker. We extend many thanks to Jim Rowan for sharing valuable insights gleaned from Volvo Cars' remarkable journey. His remarks shed light on both the opportunities and challenges that lie ahead in the ever-evolving automotive landscape. A ...
Read MoreLast week, members of the BSCC Young Patrons had the privilege of attending the British Swedish Summit 2023 in London. This summit served as a platform for engaging discussions on leadership in contemporary society, bringing together notable figures such as business leaders, entrepreneurs, politicians, and academics from both Sweden and Britain. Our gratitude goes to the Swedish Chamber of Commerce for the UK, along with Fredrik Warneryd and team, for welcoming us. Taking advantage ...
Read MoreSaudi PIF and Ardian heavy investment Ferrovial announced this week that it would be selling its 25% stake in Heathrow airport for £2.4 billion. The stake will be acquired by Saudi Arabia’s sovereign wealth fund who will take a £1 billion stake along with one of Europe’s biggest private equity groups (Ardian) who will buy 15%. Ferrovial are selling after ownership for 17 years with executives growing frustrated at regulations after ...
Read MoreOn 28 November, we had the pleasure to collaborate with Fogel & Partners on organising “The World Ahead 2024” with Tom Standage. We were delighted to welcome Tom, the Editor of The World Ahead, Deputy Editor of the Economist and author of seven history books, on stage. The event was generously hosted by Mannheimer Swartling at their offices in Stockholm. Tom shared his reflections on the challenges and opportunities that could ...
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