Survey Results
 
 
       

Survey BB-33 :
Survey 33 seeks your views on the recent cut in Base Rate, the removal of requirement to retire at a fixed age, Stakeholder Pensions and joining the Euro.


Question NumberQuestion
Q1To what extent will the recent ¼% cut in base rate affect your business?
Q2To what extent would removal of the requirement to retire at a fixed age affect your business?
Q3To what extent are you familiar with your obligations to provide a Stakeholder pension scheme for your employees?
Q4To what extent will Stakeholder pensions increase your costs?
Q5To what extent do you feel you are sufficiently well informed to make a reasoned choice over entry to the Euro?
Q6How do you think joining the Euro will affect the UK economy?
Q7How do you think joining the Euro will affect business?
Q8To what extent is your business constrained by skill shortages?
Q9To what extent is your business constrained by a lack of finance?
Q10To what extent is your business constrained by low market demand?
Q11Over the last 3 months, has your business:-
Q12Over the next 3 months, do you expect your business to:

(1) To what extent will the recent ¼% cut in base rate affect your business?
ResponseTotal answers: 116
%
1 Highly1.7%
212.1%
326.7%
438.8%
5 Not at all20.7%

(2) To what extent would removal of the requirement to retire at a fixed age affect your business?
ResponseTotal answers: 116
%
1 Highly3.4%
22.6%
321.6%
426.7%
5 Not at all45.7%

(3) To what extent are you familiar with your obligations to provide a Stakeholder pension scheme for your employees?
ResponseTotal answers: 116
%
1 Highly41.4%
231.9%
311.2%
48.6%
5 Not at all6.9%

(4) To what extent will Stakeholder pensions increase your costs?
ResponseTotal answers: 116
%
1 Significantly8.6%
217.2%
319.8%
422.4%
5 Not at all31.9%

(5) To what extent do you feel you are sufficiently well informed to make a reasoned choice over entry to the Euro?
ResponseTotal answers: 116
%
1 Highly15.5%
225%
327.6%
424.1%
5 Not at all7.8%

(6) How do you think joining the Euro will affect the UK economy?
ResponseTotal answers: 116
%
1 Very positively6%
222.4%
338.8%
424.1%
5 Very negatively8.6%

(7) How do you think joining the Euro will affect business?
ResponseTotal answers: 116
%
1 Very positively6%
226.7%
350%
410.3%
5 Very negatively6.9%

(8) To what extent is your business constrained by skill shortages?
ResponseTotal answers: 116
%
1 Highly12.1%
225%
317.2%
427.6%
5 Not at all18.1%

(9) To what extent is your business constrained by a lack of finance?
ResponseTotal answers: 116
%
1 Highly16.4%
219.8%
319.8%
428.4%
5 Not at all15.5%

(10) To what extent is your business constrained by low market demand?
ResponseTotal answers: 116
%
1 Highly19%
217.2%
322.4%
426.7%
5 Not at all14.7%

(11) Over the last 3 months, has your business:-
ResponseTotal answers: 116
%
Expanded significantly (more than 10%)13.8%
Expanded somewhat (between 5% to 10%)33.6%
Remained static38.8%
Declined somewhat (between 5% to 10%)10.3%
Declined significantly (more than 10%)3.4%

(12) Over the next 3 months, do you expect your business to:
ResponseTotal answers: 116
%
Expand significantly (more than 10%)19%
Expand somewhat (between 5% to 10%)38.8%
Remain static32.8%
Decline somewhat (between 5% to 10%)9.5%
Decline significantly (more than 10%) 0.0%