Quarterly Economic Survey

Getting your views and experiences heard is vital to ensuring government and other policy-making bodies respond to your needs.

The British Chambers of Commerce and the accredited Chamber Network run Britain’s most influential private business survey – the BCC Quarterly Economic Survey.

The QES is Britain’s biggest, and longest-running, private business survey.   It’s provided consistent data since 1989, and regularly receives more than 7,000 business responses. Compare that to the average business survey, which garners a few hundred responses.

By filling in the Quarterly Economic Survey (QES), you ensure that economic policy is shaped by those it affects most - local business.

There are multiple benefits to ensuring your voice is heard;

- It’s a leading indicator – often picking up big changes in the economy long before other surveys or official statistics.

- The Bank of England’s Monetary Policy Committee uses the QES as one of its key benchmarks when setting interest rates.

- HM Treasury and the independent Office for Budget Responsibility use the QES to put together their forecasts for the UK’s economic performance.

- The European Commission uses the QES to assess the health of the UK economy when it makes policy recommendations for both Westminster and Brussels.

- The Organisation for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) use the QES when comparing the UK to competitors worldwide.

The QES is a clear example of how being part of Liverpool and Sefton Chambers of Commerce means you’re part of something bigger. Together, we are the economy. 

    Click here to complete the survey today.

    Join us at our next Economic Business Breakfast to hear the latest results.

     

    For a testimonial from a local small business owner as to why you should complete the survey please click here.

    To find out more about the QES, click here.