March Monthly Business Survey Results From The British Chamber Of Commerce
18th May 2009
... Comments

Response Break Down

Responses were reasonably evenly distributed throughout the UK. There were 389 responses in total. Of the responses, the size break down of firms is as follows:

0-9 Employees: 51.4% of respondents
10-49 Employees: 29.3% of respondents
50-99 Employees: 9.0% of respondents
100-249 Employees: 5.4% of respondents
250-499 Employees: 2.1% of respondents
500+ Employees: 2.8% of respondents

Q1 - Wage Increases

The following were responses about wage setting decisions in 2009:

• 9.8% responded that increases will be up to 3 per cent.
• 6.7% responded that increases will be up to 2 per cent.
• 3.6% responded that increases will be up to 1 per cent.
• 57.6% responded that wages would be frozen.
• 11.8% responded that wages would be cut.

Q2 - Redundancies

Responses on redundancies were as follows:

• 11.8% stated that redundancies within the next six months are certain.
• 38.3% stated that redundancies over the next 6 months will be considered.
• 48.1% stated that redundancies were not an option.

Q3 - Working Hours

Asked about working hours over the next 6 months, responses were:

• 27.5% stated that working hours would increase over the next 6 months.
• 22.1% stated that they would decrease.
• 50.1% stated that they would remain the same.

Q4 - Responsibility For UK Economy's Position

Respondents were asked who was responsible for the UK economy's present situation:

• 37% responded that the Government was responsible.
• 0.5% responded that foreign governments were responsible.
• 49.6% responded that banks were responsible.
• 5.9% responded that the FSA was responsible.
• 3.6% responded that individual consumers were responsible.

Q5 - Effect of an Early General Election

Businesses were asked what effect a General Election before June 2010 (the last possible date) would have on business confidence:

• 42.9% stated that it would improve business confidence.
• 15.4% stated that it would worsen business confidence.
• 41.4% responded that it would have no effect on business confidence.

Q6 - Working Time Directive

Respondents were asked how much of a detrimental effect the Working Time Directive will have on business:

• 40.4% responded that it would have no effect.
• 16.5% responded that it would have little effect.
• 23.1% responded that it would have some effect.
• 12.1% responded that it would have a substantial effect.
• 8% stated that it would have a major effect.

Q7 - Prospects for the UK Economy

Businesses were asked about their views on the prospects for the UK economy over the coming three months:

• 9.8% responded that they expected the UK economy to improve.
• 62% responded that they expected it to deteriorate.
• 28% responded they expected the state of the economy to remain the same.

Q8 - Effectiveness of Local Schemes

We asked if respondents were aware of new local and regional schemes to help support businesses during the recession:

• 10.5% responded that new local and regional schemes have been effective.
• 36.8% responded that new local and regional schemes have been ineffective.
• 51.2% are not aware of any new schemes.

Q9 - Relationship with Local Councils

Respondents were asked about how the downturn had affected business relationships with local councils:

• 8% stated that the downturn has resulted in a better relationship with their council.
• 21.1% stated that their relationship had worsened.
• 70.4% responded that their relationship was unchanged.

About the Author

Thebestof L

Member since: 2nd July 2012

I am the local Leicester word of mouth specialist. I bring great ways to generate more local business but only for those who provide superb service to their customers.
I love helping others and enjoy...

Popular Categories