CBI — Is The UK A Good Place To Do Business? - Topline Results

Financial Services

 

 
  • Topline results based on 251 telephone interviews conducted by MORI with senior executives from CBI member companies.
  • Unless otherwise stated, figures quoted are percentages based on 251 interviews in the UK
  • Fieldwork 8-22 October 2002.
  • Where percentages do not add up to 100% this is due to either computer rounding or questions allowing multiple answers. An asterisk denotes a figure below 1%.
Q1 In your opinion, how attractive is the UK as a place to invest i.e. establish or expand a business? Would you say it is ...
160 %
Very satisfied 11
Fairly satisfied 67
Neither satisfied nor dissatisfied 11
Fairly dissatisfied 10
Very dissatisfied 2
Don't know *

160

Q2 Thinking, over the last 5 years, would you say that the UK has become more or less attractive as a place to invest/do business? Would you say it is ...
160 %
Much more attractive 3
Slightly more attractive 13
About the same 13
Slightly less attractive 44
Much less attractive 26
Don't know 1

160

Q3 And in 5 years' time do you expect the UK to have become a more or less attractive place to invest? Would you say it will be ...
160 %
Much more attractive 2
Slightly more attractive 16
About the same 18
Slightly less attractive 39
Much less attractive 21
Don't know 4

160

Q4 How likely are you to set up or expand your next business operation (i.e. future new or expanding business) outside the UK in the next couple of years?
160 %
Very likely 33
Fairly likely 27
Not very likely 15
Not at all likely 21
Don't Know/not applicable 5

160

Q5 How great are the pressures for you to relocate some of your activities abroad?
160 %
Very great 14
Fairly great 29
Not very great 19
Not at all great 34
Don't know/not applicable 4

160

Q6 Which, if any, of your operations have you relocated overseas in the last couple of years?
160 %
Call centre 5
Accounts 2
Production/Manufacturing 12
R&D/Design 4
IT Systems support & development 7
Financial back office 5
Other 9
None 71

All considering relocating an operation abroad (124)

Q7 What factors are driving your decisions to relocate some of your activities abroad?
160 %
Costs 81
Labour skills 24
Technology 1
Regulation/legislation 26
Customer needs 10
Exchange rates 4
Other 29
Don't know 0

160

Q8 Compared with the situation 5 years' ago, would you say that the government is now more or less business-friendly?
160 %
Much more friendly 1
Slightly more friendly 12
The same 12
Slightly less friendly 42
Much less friendly 33
Don't Know 0

160

Q9 Over the next five years, do you think this government is likely to be more or less business-friendly?
160 %
Strongly agree *
Tend to agree 14
Neither agree nor disagree 14
Tend to disagree 49
Strongly disagree 19
Don't know 4

160

Q10 Do you believe the Government places a high or low priority on delivering a truly favourable business climate?
160 %
High priority 29
Low priority 67
Don't know 4

160

Q11 For each aspect I read out, has the increasing tax burden brought about an increase or decrease?
160 Overall staff levels Investment
160 % %
Significant decrease 8 7
Slight decrease 18 25
No change 50 55
Slight increase 19 8
Significant increase 5 4
Don't know 1 1

160

Q12 During the past 5 years, would you say that the amount of time that your business spends complying with Government regulations has increased or decreased? And is that a lot or a little?
160 %
Increased a lot 62
Increased a little 33
Stayed the same 5
Decreased a little 0
Decreased a lot 0
Don't know *

160

Q13 Over the next five years do you expect the amount of time that your business spends on complying with government regulations to increase or decrease?
160 %
Increased a lot 48
Increased a little 43
Stayed the same 7
Decreased a little 1
Decreased a lot 0
Don't know 1

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