Business Insights and Conditions Survey questions: 20 March to 2 April 2023

These questions are for Wave 79 of the fortnightly Business Insights and Conditions Survey (BICS) dispatched on 20 March 2023. These are the most up-to-date survey questions.

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

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

Has your business exported goods or services in the last 12 months?

• Exported goods only

• Exported services only

• Exported both goods and services

• Not sure

Have you changed where you have exported your goods or services to in the last three months?

• Changed from EU to non-EU

• Changed from non-EU to EU

• Changed in a different way (Please describe)

• Not sure

• No changes made

Where has your business exported goods or services to in the last three months?

• EU only

• Non-EU only

• Both EU and non-EU

• Not exported in the last three months

• Not sure

How did your business's exporting in February 2023 compare with this calendar month last year?

• Exported more

• Exporting stayed the same

• Exported less

• Business was unable to export

• Not sure

Did your business experience an increase in any of the following exporting challenges in February 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

How much disruption to your business have these challenges caused?

• Major disruption

• Moderate disruption

• Minor disruption

• No disruption

• Not sure

Which of the following support options has your business benefitted from, to help with exporting challenges?

• Customs and tariffs

• Export licences

• Financial support

• Finding new markets

• Finding new overseas contacts or customers

• Information on exporting

• Legal support

• Transport and distribution

• Understanding markets and demand issues

• Other (Please describe)

• None of the above

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

Has your business imported goods or services in the last 12 months?

• Imported goods only

• Imported services only

• Imported both goods and services

• Not sure

Have you changed where you have sourced your imports of goods or services from in the last three months?

• Changed from EU to non-EU suppliers

• Changed from non-EU to EU suppliers

• Changed in a different way (Please describe)

• Not sure

• No changes made

Where has your business imported goods or services from in the last three months?

• EU only

• Non-EU only

• Both EU and non-EU

• Not imported in the last three months

• Not sure

How did your business's importing in February 2023 compare with this calendar month last year?

• Imported more

• Importing stayed the same

• Imported less

• Business was unable to import

• Not sure

Did your business experience an increase in any of the following importing challenges in February 2023, compared with the previous calendar month?

• Additional paperwork

• Change in exchange rates

• Change in transportation costs

• Customs 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

How much disruption to your business have these challenges caused?

• Major disruption

• Moderate disruption

• Minor disruption

• No disruption

• Not sure

Which of the following support options would your business benefit from, to help with importing challenges?

• Customs and tariffs

• Finding new alternative supply chains

• Finding new overseas contacts or customers

• Import licences

• Information on importing

• Legal support

• Transport and distribution

• Understanding markets and demand issues

• Other (Please describe)

• None of the above

Was your business able to get the materials, goods or services it needed from within the UK in February 2023?

• Yes, the business was able to get the materials, goods or services it needed

• Yes, but the business had to change suppliers or find alternative solutions

• No, the business was not able to get materials, goods or services needed

• Not applicable

Did your business experience any global supply chain disruption in February 2023?

• Yes

• No

• Not sure

• Not applicable

Which of the following, if any, will be the main concern for your business in April 2023?

• Business rates

• Competition with other UK businesses

• Energy prices

• Exchange rates

• Falling demand of goods and services

• Inflation of goods and service prices

• Interest rates

• Property rental costs

• Supply chain disruption

• Taxation

• Other (Please describe)

• Not sure

• No concerns for the business

Has your business sent goods from GB to Northern Ireland in the last 12 months?

• Yes

• No

• Not sure

In February 2023, how did the volume of goods your business sent from GB to Northern Ireland compare with the previous calendar month?

• Volume increased

• Volume stayed the same

• Volume decreased

• Stopped sending goods to Northern Ireland

• Not sure

• Not applicable

Please give more details about why the volume of goods sent from GB to Northern Ireland changed in February 2023:

• Comments

Is your business using, or intending to use, increased homeworking as a permanent business model going forward?

• Yes

• No

• Not sure

• Not applicable

Why is your business using, or intending to use, increased homeworking as a permanent business model going forward?

• Ability to better match jobs to skills

• Ability to recruit from a wider geographical pool in the UK

• Ability to recruit from a wider geographical pool internationally

• Improved staff wellbeing

• Increased productivity

• Reduced carbon emissions

• Reduced overheads

• Reduced sickness absence

• Reduced wage bill

• Other (Please describe)

• Not sure

Why is your business not intending to use increased homeworking as a permanent business model going forward?

• Concerns with integrating new starters into the workplace

• Costs of employee equipment

• Difficulties managing staff remotely

• Negative impact on working culture

• Not suitable for our business

• Reduced communication

• Reduced productivity

• Reduced reliability and retention of staff

• Security concerns

• Other (Please describe)

• Not sure

Does your business expect to make any of your workforce redundant over the next three months?

• Yes

• No

• Not sure

When do you expect these redundancies?

• Within the next 2 weeks

• Between 2 weeks and 1 month

• Between 1 and 3 months

• Not sure

Why is your business making these redundancies?

• Automation

• Business is closing or insolvent

• Certain job roles are no longer required

• Change in management

• Relocation of the business

• Site closures

• To reduce staff costs

• Other (Please describe)

• Not sure

• Prefer not to say

On average, how did employees' hourly wages in February 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

Was your business affected by industrial action in February 2023?

• Yes, the business was affected

• No, the business was not affected

• Not sure

• Not applicable

• Prefer not to say

How was your business affected by industrial action in February 2023?

• Business was unable to obtain necessary goods

• Business was unable to obtain necessary services

• Business was unable to operate fully

• Part or all of the workforce were directly involved in industrial action

• Workforce had to change their working location

• Workforce were unable to perform their roles

• Other (Please describe)

• Not sure

Please tell us anything else about your business's current situation relating to topics covered in this survey:

• Comments