State of the Region

This business briefing will examine the results of the Q1 Quarterly Economic Survey from a regional and national perspective

The British Chambers of Commerce (BCC) Quarterly Economic Survey (QES) is the largest independent business survey in the UK and a significant economic indicator.

As the most highly respected national survey, results are recognised as a key economic indicator by the Government, the Bank of England and independent economists and provide the evidence needed for the BCC to lobby Government.

The QES results for Q4 2024 showed concern about tax, including national insurance, had spiked. Business confidence had slipped to its lowest level since the aftermath of the mini-Budget in Autumn 2022. Taxation was the top external factor of concern, with 55% of companies expecting prices to go up, with labour costs the biggest driver.

How will the results differ for Q1 2025?  Join us for this QES Q1 briefing with sponsors James Cowper Kreston, who will be discussing the results and what they mean in real terms for local businesses and representatives from the British Chambers of Commerce.

We recommend local businesses attend this meeting to find out what the results mean for the economy going forward and plan accordingly.

Host – Tim Major, Senior Account Manager, Thames Valley Chamber of Commerce

Chair – Sue Staunton, Partner, James Cowper Kreston

Panel – Clive Jones, MP for Wokingham and David Bharier, British Chambers of Commerce