HomeConferenceDelegatesSuppliersVideoVenue
 

Richmond Events’ Business Panel Report – Economic Outlook


Our latest Business Panel report on the UK economic outlook is now available. Headline findings include:-

  • Only 8% rate the government’s handling of the economy as very good, 52% as acceptable, 28% could have been better and 8% as shocking. 
  • The panel predicts interest rates will be at (average) 0.8% in 1 year’s time and 1.88% in 3 years’ time.
  • Not a single respondent expects the economy to grow significantly over the coming year, whilst 24% expect it to grow marginally.  A further 45% expect it to stay much the same as it is now, whilst 29% expect it to shrink a little and 2% shrink a lot.  These figures are down versus last year.
  • The Retail sector is the most pessimistic, with 92% predicting things are going to get a little or a lot tougher (transport & travel are the only ones who predict ‘carnage’!)  
  • Less than half the panel feel their organisation’s profit will increase in 2012, though up from 41% last year.  19% feel their profits will fall this year, 6% more than last year.  3% are undecided.
  • Budgets – mixed news. The proportion expecting an increase has remained similar to last year, 23% down from 24%. However this figure is still dwarfed by the 33% expecting a decrease (though also down from 37% last year). The remaining 44% don’t expect to see a change.   

Download the full report.

For further information please contact David Clark.





General Enquiries:

UK
T: +44 20 8487 2200
F: +44 20 8487 2300
general@richmondevents.com

USA
T: +1 212 651 8700
F: +1 212 651 8701
general@richmondevents.com

Switzerland
T: +41 61 335 94 44
F: +41 61 544 74 44
general@richmondevents.com

Italy

T: +39 02 312009
F: +39 02 3313976
general@richmondevents.it