c8 consulting divide divide divide divide divide divide divide

   

Business
barometer.


Winter 2018

BDO



The results of the Autumn 2017 barometer are out

Our latest Thames Valley Business Barometer report published today reveals that more than half (53%) of business leaders fell that general levels of economic confidence has either improved or remained the same in the last six months. This compares to 69% in the first half of 2017, showing quite clearly a swing down in confidence amongst Thames Valley businesses despite robust turnover, profit and order books.

A majority (81%) of companies surveyed stated that profitability has remained the same or increased in the last six months compared to 76% in the first half of 2017.  A stable pattern was observed in regard to turnover, with 83% reporting that it had remained the same or increased versus 84% last spring.

The survey, which was conducted between late September and early November of 2017 revealed that uncertainty over post-Brexit economic model is main factor affecting confidence with a third of businesses surveyed thinking this will have a negative impact while the remaining 40% are undecided.

The latest Business Barometer also looked at the changing face of the work place and, in particular, flexible working practices and use of technology.

While flexible and agile working will not be for everyone and some businesses do not easily lend themselves to this way of working, most of businesses (83%) agreed on the fact that this way of working allows for a better work-life balance and staff retention. Moreover, half of those surveyed expect to see these working practices continue to become more common as improvements in mobile and cloud enabled technologies allow more people to work anywhere and at any time, whilst changing attitudes and expectations among employers and staff will encourage these changes to take place.

This time around, 110 businesses across the Thames Valley took part in the Barometer survey. Assuria, ResMed, Collard Group, Network Critical and Oxford Space Systems are also profiled in the report, sharing their perspectives on their own performance and the key challenges they face in the run up to GDPR. 

For a copy of the full report please click here. If you would like a hard copy version of this report, please email Paula Elliott on paula@c8consulting.co.uk  or call Paula on 0118 949 7736.

 

 

c8 consultingc8 consulting
c8 consulting          
 
Twenties Club

Business Barometer
Contact