The British Chambers of Commerce (BCC) is sending out a warning to avoid monetary overkill after the most recent Bank of England Monetary Policy (MPC) committee minutes were published.
The past 10 years have been good for the house-building sector. High demand has been sustained by steady economic growth, cheap finance and favourable demographic trends, while the Government has done its best to create a more benign planning regime.
The Chamber's Jigsaw Club which helps members achieve ISO standards has proved to be a big hit and recently two members, RCM UK and ACS Imaging received certificates of ISO 9001 completion.
Holding that additional building with a view to expansion, or to sell, is now proving costly. Since April this year the change in the way vacant commercial properties are taxed is hitting businesses particularly badly in the current economic climate.
We're tipping towards a recession according to the British Chambers of Commerce (BCC).
The recent Quarterly Economic Survey received a record response with nearly 5000 businesses large and small including those from Thames Gateway (Kent) Chamber, taking part.