Bank of England holds interest rates The Bank of England have decided to hold interest rates at 5.25% for the seventh time in what was a tight decision due to recent inflation figures. Data just before the announcement showed that inflation had fell to below 2% which reached the BoE’s target for the first time in three years. However, the issue with this data is that services inflation remained high at ...
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Reform party makes tax cuts promise The Reform party, led by Nigel Farage, is now ahead of the Conservatives in the polls and lead the opposition to Labour who are currently favoured. YouGov poll showed the Reform party had jumped to 19% whilst the Conservatives are at 18% and Labour at 37%. The Reform Party announced this week that it had “radical” plans to significantly push forward the minimum threshold for ...
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On June 13, we hosted the second seminar in our series on global complexities, held in Gothenburg. The event featured insights from Alasdair Ross, Countries Editor at The Economist, Marlene Burwick, Acting CEO & Director of Public Affairs at St1 Sweden, and Hans Pehrson, Head of the Polestar 0 Project, who shared their perspectives on the green transition. Key Takeaways: Alasdair Ross opened the seminar by addressing the global shift towards renewable ...
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On 12 June, The BSCC and AmCham Sweden welcomed members to an Extended Executive Forum with guests of honour H.E. Ms. Judith Gough, UK Ambassador to Sweden and H.E. Erik D. Ramanathan, U.S. Ambassador to the Kingdom of Sweden. The Forum addressed the importance of fostering robust international partnerships, with a particular focus on bilateral relations and business landscapes. We would like to express our gratitude to Setterwalls for hosting this event. We ...
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Concerns for the US over rising costs in the UK BAB chief executive, Duncan Edwards has stated this week that “there’s concern about a potential rise in the cost of doing business in the UK”. The Conservative and Labour party have been fighting for the upper hand in the last few weeks as the general in July looms. Some US companies are concerned about rising operational costs under a Labour government ...
Read MoreWe are thrilled to invite members to this year’s anticipated annual golf tournament. It’s always a cherished event, and we are delighted to welcome our members and friends, in partnership with the American Chamber of Commerce. This year, our tournament is in collaboration with Utmost Wealth Solutions, Volvo Cars, Hotel Diplomat, and more. Date: 26 August 2024 Time: 11.00-18.00 CET Venue: Djursholms Golf Club, Hagbardsvägen 1, Djursholm
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Sunak announces new migration policy Rishi Sunak announced that he would bring in an annual cap on migration if he wins in the upcoming election. The cap would be based on work visas or those joining family in the UK, this would be through an annual vote in parliament which would seek to reduce the cap each year. Data shows that net migration last year stayed higher than historical averages, despite ...
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The BSCC is thrilled to announce the establishment of the Young Advisory Committee, a committee composed of Young Patrons' Programme Alumni. The committee aims to bring a young perspective to the BSCC Advisory Board and enhance the YPP by extending the experience and prolonging its networking possibilities. Rebecca Farkhooy, Senior Associate at Eversheds Sutherland, has been elected the very first Chair of the Young Advisory Committee. To learn more about the YPP ...
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The British-Swedish Chamber of Commerce is looking for a new Communications Manager, with an interest in international business, entrepreneurship and British-Swedish relations, to join the Secretariat in Stockholm, after the Summer. We bring British and Swedish companies together by providing excellent opportunities to network in inspiring environments, creating possibilities for each member to learn develop, contribute and build new platforms. Scroll down for more information about the position. About the position We ...
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The Policy Watch is a weekly update which aims to provide concise insights into the current policy landscape. Tailored for our members and individuals interested in international affairs, this update offers a brief yet comprehensive summary of key developments affecting policy decisions and political trends in the UK, Sweden, and the EU.GENERAL ELECTIONS WILL BE HELD ON 4 JULY On Wednesday, Prime Minister Rishi Sunak officially announced general elections to be ...
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