Is recovery happening here, Chamber asks SCR businesses

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Are Sheffield City Region businesses seeing the growth being experienced across the UK?

Sheffield Chamber of Commerce is asking local business leaders the question after the British Chambers of Commerce last week upgraded GDP forecasts for the UK to 3.2 per cent for 2014.

Predicting stronger than expected growth, it was revising its original forecast of 3.1 per cent made earlier in the year.

It has also increased predictions for 2015 from 2.7 per cent to 2.8 per cent as a result of a stronger labour market and growth prediction upgrades from the Office of National Statistics.

But the local Chamber wants to know whether the growth being seen in other parts of the UK is being mirrored here, as it under-takes its latest Quarterly Economic Survey of business confidence in the city region.

The period covers July to September, when the Tour de France is likely to have made an impact.

Richard Wright, executive director of Sheffield Chamber, said: “Nationally, we are seeing forecasts being revised positively. We want to know if this is the same for companies in the Sheffield City Region and what the long term view is.

“We are keen for businesses across the city region to put their voice forward.

“The more responses gained, the clearer the picture of the true economic landscape for the region.”

To take part, visit www.scci.org.uk