Pre-election survey to offer last glimpse of business confidence

May 25, 2017 10:44 am

East Midlands Chamber logo - pre-election

Businesses are being urged to take part in a pre-election survey, providing a last look at their main concerns ahead of the General Election.  The results will provide a snapshot of confidence levels in the fourth quarter since the EU-Referendum last June.  Furthermore, they will also set a benchmark against which the success of the new Government can be judged.

Quarterly Economic Survey (QES)

The East Midlands Chamber’s Quarterly Economic Survey (QES) for the second three months of 2017 asks businesses how they have fared in the three months to the end of May.  In addition, it asks how they expect to fare in the three months from the start of June.  Moreover, this includes whether they expect their prices to rise and are considering increasing wages.

The Chamber’s QES is open every 3 months, read a summary of the Q1 findings (April 2017), or read a more detailed report/analysis.

Additional questions

This quarter’s additional questions focus on relationships between growth and recruitment and planned investment in staff training.  In addition to what factors might influence investment in training.  Whether employers believe they will get good value from the apprenticeship levy also features.

Further information and how to take part

Data collated from the East Midlands Chamber QES will update the regional State of the Economy Index, which  last quarter was at its highest since Q2 2105.  In addition, the research data is fed into the QES from the British Chambers of Commerce.  As a result, this builds a national picture of business confidence and shapes the BCC’s interactions with Government.

Chris Hobson is the Director of Policy at the East Midlands Chamber.  Chris said: “It only takes a few minutes to complete the survey.  The information it provides is vital to driving our policies and the issues on which we campaign on behalf of businesses.

“Furthermore, you don’t have to be a Chamber member to take part.  The important thing is that we get as many businesses as possible to complete the survey so that we build the most accurate picture possible.  We can then make sure our lobbying activities properly reflect the concerns of regional businesses.”

Take part in the pre-election survey.  The closing date is 12 June. 

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