Business in BritainBy Ian Stevens
For almost a decade, BVA BDRC has conducted the Business in Britain survey for Lloyds Bank Commerical Banking. This is a great example of a long-standing collaboration with a client; BVA BDRC running the data collection and analysis, whilst Lloyds design the questionnaire and report.
During this period, BVA BDRC brought this research into the digital age, transitioning from a large scale paper survey to online data collection without losing the integrity of the longitudinal data.
The twice-yearly report, now in its 25th year, canvasses the views of 1,500 UK businesses and the most recent edition assesses how UK businesses view their future prospects following the EU Referendum.
The survey’s key Business Confidence Index tracks businesses’ views of expected sales, orders and profits for the coming six months and presents the overall “balance” of opinion, weighing up the percentage of firms that are positive in outlook against those that are negative.
In the latest report, Business in Britain January 2017, expected sale and profits stabilise, expected exports improve, helped by the fall in the pound, and firms’ pricing intentions point to rising inflationary pressures.
View the latest report.