News - 02 June 2014

Infrastructure is the big question for business

Firms across the East Midlands are being asked to express their opinions about the major infrastructure works being carried out across the region.

From the tramworks in Nottingham through improvement works on the A453 to the smart motorway upgrades on the M1 from junction 28 north, businesses are affected in different ways by the work.

Now, the Chamber is offering companies a chance to express their views and feelings about the various projects, along with their thoughts on HS2, business routes from East Midlands Airport and further investment in the roads network.

Fieldwork for the Chamber’s Q2 Quarterly Economic Survey, which courts business feelings about the economy, recruitment, pay, investment and other subjects will continue until 16 June.

Its results will be fed into a national survey which is used to advise opinion formers such as the Bank of England, the Treasury, the European Commission, the OECD and the IMF as a leading economic indicator, picking up changes in the economy long before other surveys and official statistics.

Following what many viewed as a business friendly Budget in March, with specific proposals around investment and exporting, all eyes will now be on Q2 to see whether the growth in activity and confidence reported has been carried into the second quarter.

As an additional incentive, on this occasion, two Premier enclosure tickets at Chamber-members Southwell Racecourse are available for each organisation completing the survey.

Chamber Chief Executive George Cowcher said: “The Quarterly Economic Survey is a key Chamber document which helps us to understand trends in the local economy and the issues faced by the business community.

“As the second-largest Chamber, responses enable us to build up an accurate picture of the local business and economic climate, allowing us to campaign and lobby key local and national decision-makers and represent your concerns effectively.

“This information is used to help direct Chamber policy and determine what the Chamber campaigns on and lobbies for when it engages with local authorities, MPs, Ministers and senior civil servants.

“Each QES contains about 30 questions which are always the same, so that we can build an accurate and ongoing picture of the economy and economic trends, and a series of questions about other subjects which members and non-members have indicated are of concern.”

Take the survey at  

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