Sara’s Blog – Impact on the economy

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Who knows what the true impact of Coronavirus – Covid-19 and the lockdown has had on our economy? To paraphrase Winston Churchill from 1942, we are not sure if this the beginning of the end or the end of the beginning.

What we can do at every stage of the journey is measure the impact of the pandemic and use this information to influence government policy. Never have the Government needed the guidance of the business community more than they do now. They are asking for our opinion and guidance daily as they tread the tricky path to recovery. Knowing that to ignore our advice, and get big decisions wrong, could do long lasting damage to our fragile economy.

This is one of the most important times for businesses across Stoke-on-Trent and Staffordshire to complete our Quarterly Economic Survey (QES), as it will give an insight in to the economic impact the Coronavirus and lockdown have had on local businesses.

 

The information you provide will have help to shape and influence current policy thinking as the data is shared with the British Chambers of Commerce, Government departments including HM Treasury and the Cabinet Office as well as the Bank of England, to assess the health of the UK economy.

 

We would keen to hear from firms of all shapes and sizes (starts ups, sole traders, SMEs, medium sized and large corporations) as it will help create an accurate picture of the current business landscape. Whether you are a seasoned director or relatively new to your company, if you can spare just a few minutes to fill in the survey it would be really appreciated.

 

We understand your time is precious, even more so now, so thank you to all those who complete the survey.

 

The link to the survey is – https://www.surveymonkey.co.uk/r/ZFQ9YR9

 

For any business enquiries you can call our switchboard on 01782 202222 or call the Stoke and Staffs Growth Hub Helpline on 0300 111 8002. We also have a weekday daily Twitter hour from 11am – 12noon #StaffsChamberChat

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