UK business leaders are warning that rising shoplifting, fraud, and cyber-attacks are becoming a significant obstacle to economic growth. The British Chambers of Commerce reports two-fifths of companies experienced crime in the past year, urging government action.
The British Chambers of Commerce has urged the UK government to create an EU-style 'trade bazooka' to protect British economic interests from Trump's latest tariff threats. The lobby group, representing thousands of firms, said the UK's 'inadequate economic security' was putting growth and jobs at risk, calling for urgent action including new legislation with powers to impose duties, limit market access, and enhance investment scrutiny. The US is Britain's largest trading partner, accounting for about a fifth of global trade.
