UK Economy Rebounds Data published on Friday (13th January) revealed that the UK economy unexpectedly grew in November. Overall, the economy expanded by 0.1% due to a rise in demand for services in the tech sector (telecoms and computer programming) and the increased footfall for hospitality from the World Cup. This is despite economists predicting a 0.2% contraction. The month of October also delivered growth (0.5%) which means that the UK ...
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UK Space Launch On Monday (9th January) the UK began it’s first ever orbital space launch. A repurposed Virgin Atlantic 747 jet released a rocket over the Atlantic to launch nine satellites into Space. The company leading this is Virgin Orbit, founded by Sir Richard Branson, and began at Newquay Airport in Cornwall. Following the 747 take-off, with a rocket underneath its left wing, the jet headed west to a designated ...
Read MoreJames moved to Sweden from the UK at the start of the millennium and was a co-founder of The Local in 2004. The Local provides local news and advice for international professionals and expats in nine European countries. James is currently CEO & Publisher at The Local and is also a panelist and regular commentator for Swedish, British and US media, talking about issues affecting international professionals and Swedish current ...
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The UK in 2022 The UK had an unusual year filled with historic moments and substantial developments in 2022. The nation had three PMs over the course of the year with political stability now restored but polling pushing strongly towards the opposition. The UK and Commonwealth also celebrated HM The Queen’s 70 years on the throne which was then followed by her death in September at the age of 96. This ...
Read MorePhilip has worked for Handelsbanken for almost 35 years, with much time spent in the UK. Philip held the position of Head of Private Banking – among other positions – in Handelsbanken’s London office. Philip is currently Senior Relationship Manager at Handelsbanken in Stockholm.2022 has been a year of uncertainty in financial markets in a variety of ways with rising inflation, interest rates and energy costs along with domestic and ...
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UK Strikes Current data from the Financial Times indicates that over one million working days will be lost due to strike action in 2022. This is due to the final three weeks of the year featuring disruption from nurses, transport workers, baggage handlers, postal workers and other sectors going on scheduled strikes. Inevitably, this will also limit other businesses with the CEO of Fuller’s, a major pub chain, warning that rail ...
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Yesterday 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 Ludvig Andersson as the winner of the ...
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Brexit Trade Deal Progress The UK government is on track to miss its target for securing post-Brexit trade agreements on 80% of UK trade by the end of 2022. At present, it is set to achieve coverage of 63% of trade which has limited UK exporters since Brexit. The BBC has reported that the 80% target was dependent upon a US trade deal but the Biden administration has focused upon other ...
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Last week the BSCC Young Patrons 2022 were invited to attend the Swedish-British Summit 2022 in London. The summit brought together business leaders, entrepreneurs, politicians and academics from Sweden and Britain to discuss leadership in today’s society. It was greatly inspiring to attend and we wish to extend many thanks to the Swedish Chamber of Commerce for the UK with Peter Sandberg and team for welcoming us. During our visit to London we also had ...
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The Chamber works with and on behalf of our members and the input from our members play an important role in shaping the agenda of the Chamber. We are grateful to be able to receive feedback on a regular basis when meeting our members at various events, meetings and through our survey. This year we decided to add an extra incentive to complete our survey by adding a raffle and ...
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