Firms are urged to take survey

Businesses across Sheffield City Region are being urged to fill out a survey that will be used to influence government and the Bank of England.

Friday, 26th February 2016, 12:38 pm
Updated Friday, 26th February 2016, 12:40 pm
Business News

The Quarterly Economic Survey, run by the British Chambers, is the country’s biggest and longest running private sector survey.

It acts as an economic indicator, often highlighting big changes in the economy long before other surveys or other official statistics.

The Bank of England’s Monetary Policy Committee uses it as a key benchmark when setting interest rates.

It is run locally by the region’s Local Enterprise Partnership, the four Chambers and the University of Sheffield Management School.

Richard Wright, Sheffield Chamber executive director, said: “The Quarterly Economic Survey gives a real time perspective for regional partners to monitor how the local economy is doing and whether their strategy is working.

“Secondly, it gives businesses a chance to get their voice heard; to flag any issues in their business and to feedback on the general economy, skills, employment, international trade and hot topics affecting their business. The results help give a mandate to the SCR Local Enterprise Partnership’s and Chambers’ lobbying work with local, regional and national government to help shape the region’s economic strategy and business support structure.”

The results will be published each quarter and shared at free breakfast seminars. The first quarter’s results will include a debate on the EU Referendum on Tuesday April 12, in Sheffield.

Doncaster Sheffield Airport is running a draw offering two tickets to a European hub to those who enter.

Take the survey: