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. 

    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.