The British Chambers of Commerce (BCC) Quarterly Economic Survey (QES) is the largest and longest-running business survey in the UK and is a powerful tool for representing the voice of business to Government.
At the national level, 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.
Take the Sheffield City Region Quarterly Economic Survey and view past survey results here: www.screconomy.org.uk
The previous national QES results can be found here: www.economicsurvey.org.uk
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