NEWS21 November 2017
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
NEWS21 November 2017
UK – Ahead of the release of the Autumn budget, half ( 54%) of British businesses have doubts about the chancellor’s ability to allay their concerns around Brexit, a survey from Opinium and reputation firm Lansons has found.
Half of the 511 business decision-makers surveyed ( 50%) also expressed a lack of faith in the government’s ability to negotiate a beneficial deal for the UK leaving the European Union.
The research findings suggest a split in attitudes towards government between sole traders and bigger businesses: while over half ( 51%) of companies with 100 or more employees feel the government is paying attention to the concerns of their industry in the context of Brexit, only a fifth of sole traders ( 21%) feel confident in this area.
Ahead of the budget, set to be announced tomorrow (Wednesday 22 November), the research found that the most pressing issues for businesses were business tax reform ( 29%), cancellation of the business rate rise ( 24%), and changes to self-employed National Insurance contributions ( 26%). For the UK’s sole traders, the latter increased to 40%.
However, 43% of respondents to the online survey lacked clarity on what measures could have a negative impact on their business.
Adam Drummond, head of political polling at Opinium, said: “Businesses are clearly concerned about their future as Brexit negotiations falter. Unfortunately, the Budget looks unlikely to provide the assurances that will actually make the most significant impact on their bottom lines.
“But ‘business’ is also not a monolithic bloc and there are big differences between sole traders who are worried about being ignored by government and big companies who are more relaxed. Given speculation that the government may try to appeal more to younger voters neglected before the general election, this is a reminder that many businesses also feel neglected, adding up to a difficult balancing act for the chancellor.”
Newsletter
Sign up for the latest news and opinion.
You will be asked to create an account which also gives you free access to premium Impact content.
“I wrote down a list of things that matter to me, in four categories – relationships, health, leisure and work. I d… https://t.co/MalB9p0olB
The number of profit warnings issued by UK-listed companies increased by 50% year-on-year in 2022, according to res… https://t.co/arjNoUjS2z
Cynozure bolsters US team https://t.co/eXWTCHXiKx #mrx #marketresearch
The world's leading job site for research and insight
Resources Group
Quant Insights specialist (akin to RM/AD) –Comms/NPD/Brand
£50,000–£60,000 + Excellent Benefits
Hasson Associates
Qual RM/AD
£45000–60000
Hasson Associates
Senior Consultant
£40000–50000
Featured company
Town/Country: London
Tel: +44 (0)20 7490 7888
Kudos Research are leading providers of premium quality UK and International Telephone Data-Collection. Specialising in hard to reach B2B and Consumer audiences, we achieve excellent response rates and provide robust, actionable, verbatim-rich data. Methodologies include CATI, . . .
Related Articles
LAUNCHED Digital Ethnography 2023 23/03/23 9:30-16:35 ℹ️ Info + ticket: https://t.co/h3nN451Fgi Join us to ga… https://t.co/svXukMaxbS
The post-demographic consumerism trend means segments such age are often outdated, from @trendwatching #TrendSemLON
0 Comments