12 Nov 2024

Chamber launches Quarterly Business Report survey with Touchwood voucher up for grabs

GBCC Raj Kandola 22.jpg

The Greater Birmingham Chambers of Commerce (GBCC) Quarterly Business Report survey for Q4 launches today, with each participant having a chance to win a £100 voucher for Touchwood Solihull.

The report, sponsored by Birmingham City University, is the most comprehensive regular report of its kind in the city region, offering an up-to-date snapshot of the performance of the Greater Birmingham business community.

As well as gathering the usual data on key indicators such as sales, exports, investment intentions and the workforce, the survey includes questions in relation to the recent Autumn Budget and the GBCC's Sustainable Business Series.

Survey data will be collated at a national level and will feed into policy and lobbying activity for both GBCC and the British Chambers of Commerce, reaching institutions such as the Government and the Bank of England.

On average, the survey takes less than five minutes to complete.

Each participant will also be entered into a prize draw to have the chance to win a £100 voucher for Touchwood Solihull (terms and conditions apply).

Raj Kandola (pictured), GBCC director of external affairs, said: “Last quarter's survey results revealed heightened concern about corporate taxation, ongoing recruitment difficulties and a stagnation in domestic sales activity.

“Nevertheless, firms remain optimistic that their turnover and profitability will increase over the next 12 months, which demonstrates the resilience of the local business community.

“The recent Autumn Budget saw the introduction of a number of new measures: some of which pose significant challenges to firms such as increased employer national insurance contributions and a new higher minimum wage, adding to additional cost pressures.

“This quarter's QBR survey includes some questions to gauge the potential impact of these changes on businesses which will be vital for steering the Chamber's lobbying activity when working with the new government.

“It's vital that we hear from as many firms as possible so we can properly assess the impact these political and economic developments are having on the local business landscape.

“The results of this survey form the basis of our Quarterly Business Report publication which we use inform decision makers and stakeholders across the region.

“Our findings are also shared with key Government contacts at the Treasury and the Bank of England, so your response will have a direct impact on Government policy at the highest level.

“We want to hear from start-ups to multinationals; manufacturers and services businesses - all to provide us with an understanding of how their business is performing.”

Click here to complete the survey.

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