We have been working with the Thames Valley Chamber of Commerce to publicise the Quarterly Economic Survey and its results. The survey is an indication of businesses’ feeling in the quarter and the results are picked up by the Treasury as well as Bank of England.
We think it’s important to understand what our local businesses are feeling in order to come up with the best ways we can support them so we have been encouraging West Berkshire based businesses to take part in this. The results for Q2 are now available to see as well as the wider national and Thames Valley data. We are hosting a webinar on the 5th September between 14:30-15:00 for businesses to understand the results a bit better and to see some live indications of the current business environment. If you would like to join the webinar, please click on link below.
Key Points in Survey:
- Over 50 businesses of varying sizes took part in the survey
- 85% expected turnover to improve in the next 12 months
- Utilities and fuel are the top areas in which businesses expect price rise pressures
- 66% reported increase in domestic sales in the last 3 months compared to only 41% nationally.
Read the West Berkshire report
Read the wider QES results
Join the webinar