The Chambers Quarterly Economic Survey (QES), is the UK’s largest independent business survey and it is NOW OPEN for responses from local Norfolk businesses for Quarter Two 2023. The previous quarter’s QES showed that despite the uptick in business confidence, most firms see no improvement to sales. The BCC’s Quarterly Economic Survey (QES) for Q1 2023 shows that while business confidence has improved from a very weak base, most firms see no improvement to business conditions.
- Over half (52%) of UK firms believe their business turnover will increase over the next 12 months, up from 44% in Q3 2022.
- However, only one in three (34%) firms experienced an increase in sales over the past three months.
- Almost half (47%) of hospitality businesses reported a drop in cashflow in the last quarter.
Read the full results from Q1 2023 here. The survey takes less than three minutes to complete – it is anonymous and your support would be greatly appreciated. The QES 2023 Q2 is open for responses until midnight on Thursday 8th June. Have your voice heard and take part in the QES today. Photo credit: Chamber Canva Pro
