New move to test strength of Peterborough firms as UK leaves EU

A major survey is underway to gauge the mood of Peterborough businesses after Brexit.

Saturday, 1st February 2020, 7:09 am
Mark Jackson, partner at Baldwins.

The Greater Peterborough Business Survey will be opened tomorrow – the day the UK leaves the European Union – and companies are being urged to make their voices heard.

Mark Jackson, Partner at Baldwins in Peterborough, said: “The survey launches on the day the UK is set to leave the EU, and as one period of uncertainty ends we enter into a period of working out how businesses will trade with the EU in the future.

“We know there was a significant drop in a positive outlook amongst businesses last year – with businesses citing recruiting skilled staff and price pressures from suppliers and customers as stifling growth.

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Tom Hennessy, chief executive of Opportunity Peterborough.

“That said, 39 per cent of businesses said they were expecting an improvement in their businesses in 2019, and it will be interesting to see whether this will rise again this year.

“As well as questions on recruitment and property needs, we have added questions about whether businesses are looking to acquire a new business and how much they have considered their impact on the environment.”

Tom Hennessy, chief executive of economic development company, Opportunity Peterborough, said: “The results are a huge help when we’re looking at service delivery and what support we should provide businesses. There is now more certainty around Brexit but this will represent new opportunities and challenges that will need swift action.”

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