1. Survey information
These questions are for Wave 87 of the fortnightly Business Insights and Conditions Survey (BICS) dispatched on 10 July 2023.
Nôl i'r tabl cynnwys2. Trading status of your business
Which of the following statements best describes your business’s trading status?
Currently fully trading
Currently partially trading
Paused trading but intends to restart in the next two weeks
Paused trading and does not intend to restart in the next two weeks
Permanently ceased trading
3. Exporting
Which of the following statements best describes your business’s exporting status?
Exported in the last 12 months
Exported more than 12 months ago
Never exported but have goods or services that could be developed for export
Never exported and do not have goods or services suitable for export
Not sure
How did your business's exporting in June 2023 compare with this calendar month last year?
Exported more
Exporting stayed the same
Exported less
Business was unable to export
Not sure
How did your business's cost of exporting in June 2023 compare with this calendar month last year?
Cost increased
Cost stayed the same
Cost decreased
Not sure
How did the time spent on exporting in June 2023 compare with this calendar month last year?
Time spent increased
Time spent stayed the same
Time spent decreased
Not sure
Did your business experience an increase in any of the following exporting challenges in June 2023, compared with the previous calendar month?
Additional paperwork
Change in exchange rates
Change in transportation costs
Customs duties or levies
Destination countries changing their border restrictions
Disruption at UK borders
Finding information on how to export
Lack of hauliers to transport goods or lack of logistics equipment
Reduced demand for products and services
Time taken for checks at the border
Work permit or visa restrictions, or lack of mutual recognition of professional qualifications
Other (Please describe)
Did not experience an increase in any exporting challenges
What was the main cause of these exporting challenges?
Coronavirus (COVID-19) pandemic
End of the EU transition period
Coronavirus (COVID-19) pandemic and the end of the EU transition period
Other (Please describe)
Not sure
Does your business currently use rules of origin to access lower or zero tariffs on exports?
Yes, to EU countries
Yes, to non-EU countries
Yes, to both EU and non-EU countries
No
Not sure
How has using rules of origin when exporting to the EU changed the amount of administration for your business?
Administration has increased
Administration has stayed the same
Administration has decreased
Not sure
Why does your business not currently use rules of origin to access lower or zero tariffs?
Administrative costs of rules of origin outweigh the potential tariff saving
Exports do not meet rules of origin requirements
Lack of understanding, staffing or expertise to use rules of origin
The business has attempted to use rules of origin but has been unsuccessful
The EU does not charge tariffs on the goods the business exports
Other (Please describe)
Not sure
Not applicable
4. Importing
Which of the following statements best describes your business’s importing status?
Imported in the last 12 months
Imported more than 12 months ago
Never imported
Not sure
How did your business's importing in June 2023 compare with this calendar month last year?
Imported more
Importing stayed the same
Imported less
Business was unable to import
Not sure
How did your business’s cost of importing in June 2023 compare with this calendar month last year?
Cost increased
Cost stayed the same
Cost decreased
Not sure
How did the time spent on importing in June 2023 compare with this calendar month last year?
Time spent increased
Time spent stayed the same
Time spent decreased
Not sure
Did your business experience an increase in any of the following importing challenges in June 2023, compared with the previous calendar month?
Additional paperwork
Change in exchange rates
Change in transportation costs
Custom duties or levies
Disruption at UK borders
Finding information on how to import
Lack of hauliers to transport goods or lack of logistics equipment
Suppliers not customs ready
Time taken for checks at the border
Other (Please describe)
Did not experience an increase in any importing challenges
What was the main cause of these importing challenges?
Coronavirus (COVID-19) pandemic
End of the EU transition period
Coronavirus (COVID-19) pandemic and the end of the EU transition period
Other (Please describe)
Not sure
5. Supply Chains
Which of the following, if any, will be the main concern for your business in August 2023?
Business rates
Competition with other UK businesses
Energy prices
Exchange rates
Falling demand of goods and services
Inflation of goods and services prices
Interest rates
Property rental costs
Supply chain disruption
Taxation
Other (Please describe)
Not sure
No concerns for the business
6. Workforce trends
Which, if any, of the following skills has your business had high demand for in the last 12 months?
Advanced digital skills
Basic digital skills
Customer service skills
Management or leadership skills
Manual skills
Transferable skills
Other (Please describe)
None of the above
Which, if any, of the following skills does your workforce require extra support or training in?
Advanced digital skills
Basic digital skills
Customer service skills
Management or leadership skills
Manual skills
Transferable skills
Other (Please describe)
None of the above
On average, how did employees’ hourly wages in June 2023 compare with employees’ hourly wages in the previous calendar month?
Wages increased
Wages stayed the same
Wages decreased
Not sure
Is your business currently experiencing a shortage of workers?
Yes
No
Not sure
Not applicable
How has the shortage of workers affected your business?
Employees working increased hours
Business had to pause trading entirely
Had to pause trading of some of the business
Business had to recruit temporary workers
Unable to meet demands
Other (Please describe)
Not sure
Business has not been affected
Which of the following agreements, if any, does your business use in contracts of employment for current employees?
Non-compete agreements
Confidentiality agreements
Non-recruitment of co-worker agreements
Non-solicitation agreements
No-poaching agreements
Not sure
Prefer not to say
Not applicable
Approximately, what percentage of your business current employees have these agreements in their contracts of employment?
Less than 10%
Between 10% and 24%
Between 25% and 49%
Between 50% and 75%
More than 75%, but not all employees
All employees
Not sure
Prefer not to say
In the last 12 months, has your business had any job applicants with one of these agreements in their current or most recent roles?
Yes, and the business hired all the job applicants
Yes, and the business hired some of the job applicants
Yes, and the business did not hire any of the job applicants
No
Not sure
Prefer not to say
7. Comments
Please tell us anything else about your business’s current situation relating to topics covered in this survey: