UK cosmetic industry provides boost to UK economy According to Oxford Economics, the beauty industry’s contribution to the UK economy saw an 11% rise, reaching £27 billion in 2023. The chief executive of the British Beauty ...

Rental affordability hits new low Rental affordability in the UK has hit a new low as tenants are having to spend 28.8% of their gross income on rent. Furthermore, rent as a proportion of wages has ...

UK wage growth expected to keep inflation high Catherine Mann, a member of the BoE’s monetary policy committee has stated there are concerns about inflation despite reaching targets of 2%. Wage growth has been high in ...

Within the BSCC network there exists exstensive knowledge and expertise. We are always eager to share relevant knowledge, news and useful information. This week we are happy to share updates from Goodwille, and our Patron ...

Bank of England cuts interest rates The Monetary Policy Committee voted this week to slash interest rates providing a boost to the new Labour government to provide economic growth. The BoE reduced interest rates to 5% ...

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 ...

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 ...

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 ...

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 ...

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 ...