Business On Blair

Q1 Do you think the economic condition of the country will improve, stay the same, or get worse over the next 12 months?

  • MORI conducted 210 interviews with businesses with over 200 employees
  • Interviews were conducted by telephone between 9 August and 13 September 2000
  • Results are based on all respondents unless otherwise stated
  • Data are weighted to the profile of large (200 plus employees) Uk businesses by size, sector and region
  • An '*' indicates a finding of less than 0.5%, but greater than zero
  • Poll conducted by MORI on behalf of Burson-Marsteller

Q1 Do you think the economic condition of the country will improve, stay the same, or get worse over the next 12 months?

  1998 1999 2000
  % % %
Improve 6 49 27
Stay the same 22 44 42
Get worse 70 7 31
Don't know 2 * 0

Q2 Over the next 12 months, do you think that your organisation's business will improve, stay the same, or get worse?

  1998 1999 2000
  % % %
Improve 43 73 63
Stay the same 38 19 20
Get worse 16 6 16
Don't know 3 * 1

Q3 Thinking about the Government's performance since being elected in 1997, which, if any, business sectors do you think have benefited most from the Government's policies?

Q4 And which, if any, business sectors do you think have benefited least from the Government's policies?

  Q3 Q4
  % %
Agriculture/Forestry 0 11
Mining/Construction 7 11
Manufacturing 2 62
Transport 2 12
Telecomms 6 1
Energy/Utilities 3 *
Retail 3 10
Financial services 34 2
Professional services 35 2
Biotechnology 1 *
IT 14 0
Public sector/civil service * 1
Importers 1 0
Export industry 1 9
Defence 0 1
Other 5 4
Don't know 17 6
None/nothing 6 0

Q5 Thinking about the Government's economic record, what do you think are the two or three best economic decisions the Government has made? Why do you say that?

  %
Independent Bank of England 63
Stalling/staying out of euro 13
Overall management of economy 11
Keeping expenditure down 6
Investment in education 4
Easing Corporation tax 4
Investment in the health service 4
Not raising taxes 3
Investment in infrastructure 3
Prudent financial targets 3
Welfare reform 2
Incentives for small businesses/entrepreneurs 2
Reducing red tape 2
Continuing Conservative policies 2
Support for the euro 1
Other 9
None/nothing 13
Don't know 8

Q6 And what do you think are the two or three worst economic decisions the Government has made? Why do you say that?

  %
Hidden/stealth taxes 29
Tax on/price of fuel 17
Uncertainty/dithering on Europe 11
Taxing the profit on pension funds 11
Employment legislation/working time directive/EU legislation 10
Allowing the pound to stay high 9
Not joining/committing to euro 9
Lack of investment in transport 8
Under-funding of public services/NHS/education 8
Increase in public expenditure 8
Red tape/additional regulation 7
Giving control of interest rates to Bank of England 4
Encouraging euro participation 4
Minimum wage/social policies 3
Millennium Dome 3
Not helping business/manufacturing 3
Reducing strength of armed forces 2
Abolishing Married Couples Tax Allowance 2
Unstable interest rates 1
Passing on utilities bill/privatisation 1
Increasing National Insurance Contributions 1
Using the competition commission too much 1
Climate levy 1
None/nothing 5
Other 10
Don't know 4

Q6B If the Labour Government were to win the next General Election, what are the three most important things they need to do to support business and the economy during their second term in office?

  %
Join the euro/join at the right time 21
Reduce/reform taxes 18
Cut red tape/bureaucracy/regulation 18
Devalue pound 15
More decisive/clarify position on euro 15
Control interest rates 11
More investment/input into manufacturing 11
Less employment regulation/legislation on labour conditions 10
Control public spending 10
Improve infrastructure/transport. roads 10
Support business enterprise/small businesses 10
Rule out euro 10
Reduce cost of fuel 9
Keep inflation down/stable business environment 9
Promote research/innovation/education/training 7
Maintain stability 5
Investment/changes to NHS 3
Encourage investment 2
Firm social policies 2
Help agriculture and rural areas 2
Resist market intervention 2
Continue to have interest rates set by Bank of England 2
Continue PFI & PPP initiatives 2
Establish environmental policy 2
Re-think company pensions 1
Less support for trade unions 1
Cut unemployment 1
Other 11
Don't know 3

I am going to read out a number of different aspects of the Government's performance. For each, I would like you to tell me whether you think the Government's performance has been good or bad. READ OUT. RANDOM ORDER. IF GOOD/BAD: Is that very or fairly?

Q7 Controlling inflation

  %
Very good 33
Fairly good 55
Neither 9
Fairly bad 3
Very bad 1
Don't know 0

Q8 Economic growth

  %
Very good 3
Fairly good 56
Neither 23
Fairly bad 13
Very bad 5
Don't know 0

Q9 Overall tax management

  %
Very good 3
Fairly good 36
Neither 12
Fairly bad 29
Very bad 19
Don't know 1

Q10 Supporting e-commerce

  %
Very good 8
Fairly good 43
Neither 26
Fairly bad 14
Very bad 7
Don't know 2

Q11 Reducing the burden of regulation

  %
Very good 0
Fairly good 7
Neither 10
Fairly bad 31
Very bad 52
Don't know *

Q12 Promoting Corporate Responsibility

  %
Very good 2
Fairly good 33
Neither 30
Fairly bad 21
Very bad 9
Don't know 5

Q13 Protecting the City's position as Europe's leading financial centre

  %
Very good 6
Fairly good 34
Neither 21
Fairly bad 24
Very bad 9
Don't know 6

I am going to read out two policies the Government has introduced. For each, I would like you to tell me whether you think the introduction of the policy has been good or bad for Britain? Is that very or fairly?

Q14 Introduction of the Minimum Wage

  %
Very good 10
Fairly good 43
Neither 22
Fairly bad 15
Very bad 9
Don't know 1

Q15 Introduction of the New Deal

  %
Very good 1
Fairly good 24
Neither 28
Fairly bad 26
Very bad 12
Don't know 9

Q16 Have the Secretary of State for Trade and Industry's interventions been good or bad for British business?

  %
Good for British business 14
Bad for British business 57
Don't know 29

Q17 Do you think the recent Comprehensive Spending Review announced by the Chancellor of the Exchequer will or will not have an inflationary effect on the economy?

  %
Will have an inflationary effect on the economy 73
Will not have an inflationary effect on the economy 21
Don't know 6

Q18 Do you think it is likely or unlikely that the British Economy will have entered a recession ...

  ... in two years time ... in four years time ... in six years time
  % % %
Likely 36 48 36
Unlikely 58 33 28
Don't know 6 19 36

I'd now like to ask you some questions about Europe.

Q19 Thinking now about your own business, which of the following do you think will be best for your company at the present time - joining the euro as soon as possible, joining the euro after the next General Election, or never joining the euro?

  1998 1999 2000
  % % %
Joining the euro as soon as possible 41 23 27
Joining the euro after the next General Election 38 46 34
Never joining the euro 11 21 34
Don't know 10 10 5

Q20 And why do you say that?

    Join the euro as soon as possible (56)

      %
    Makes business sense/we trade-unions in the EU 37
    Remove uncertainty in importing/exporting 34
    Would reduce level of pound 23
    Make trade-unions easier 11
    Remove current uncertainty on UK position 9
    Lower inflation 5
    Access to bigger market 4
    It's inevitable 3
    It would be better for Britain's economy 2
    Not joining is preventing inward investment 2
    Other 8

      Join the euro after the next general election (70)

        %
      Need time to prepare 44
      Wait until exchange rate/economy is right 29
      It does not affect us 11
      Joining euro is inevitable 8
      We need the political will/decisiveness 6
      Remove uncertainty in importing/exporting 5
      Makes business sense/we trade-unions in the EU 3
      Pound is too high/would reduce level of pound 3
      Public needs to be educated first 1
      Not joining is preventing outside investment 1
      Access to bigger market 1
      Other 8

        Never join the euro (71)

          %
        We will not benefit from euro/it will not affect us 35
        Loss of political/financial control 26
        Better for Britain's economy not to join 15
        Loss of independence/sovereignty 12
        We import so strong pound is in our favour 8
        Unfeasible/unworkable system 7
        Increase bureaucracy/legislation 6
        Loss of confidence in British business 2
        Cost of currency conversion 2
        Interest rates would rise 1
        Other 12

        Q21 Do you think the Government should support or oppose greater tax harmonisation across the EU?

          %
        Support 35
        Oppose 61
        Don't know 4

        Q25 What, if any, leadership qualities do you think Tony Blair has shown during his first term as Prime Minister? What else?

          %
        Strong leadership 28
        Decisiveness 13
        Good management 6
        Good public speaker 5
        Compassion 4
        Intelligence 4
        Good public image 3
        He's been neutral/pragmatic 1
        A nice man/sense of humour 1
        Supported business 1
        Lacks substance 4
        Too much control/over-powerful 3
        None/no good qualities 39
        Other  9
        Don't know 3

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