Chamber Economic Indicator for Q1 now open

Herefordshire and Worcestershire Chamber of Commerce represent the views of our members to national government, ensuring that the business case drives government policy. A great benefit of being part of this extensive network of business support is that your views are represented in our Quarterly Economic Reports, which are widely used by HM Treasury, the Bank of England and the Office for Budgetary Responsibility to influence policy making. Our latest Economic Indicator is now open. Click here to take part.

As the government announced a third national lockdown at the start of 2021 it has never been a more important time for your business to ensure that the challenges you have faced over the last 3 months are taken to government to help raise awareness and lobby for greater support. This feedback will help government put measures in place to help support businesses and help the economy bounce back quicker when it is able to do so. It is important the decisions government make and the support they introduce have a positive impact on business.

The Chamber wants to know how the crisis has impacted your investment plans, sales, orders and recruitment over the last 3 months. By providing this data, we can lobby government and drive change to help support your business during a challenging time.

In last quarters report, (Quarter 4 2020), for the third quarter in a row, more businesses experienced a reduction in their cash flow than those experiencing an improvement. This economic indicator is a true reflection of how the Covid-19 pandemic has impacted businesses across the two counties.

To take part in this quarter’s survey, click here. By taking part your business will be entered into a prize draw to win a pair of Apple AirPods! The survey closes at 5.00pm on Monday 8 March.