Business Insights and Conditions Survey questions: 29 November 2021 to 12 December 2021

These questions are for Wave 45 of the fortnightly Business Insights and Conditions Survey (BICS) dispatched on the 29 November. 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

Where in the UK are your sites temporarily or permanently closed, if any?

• Northern Ireland

• Scotland

• Wales

• East of England

• East Midlands

• Greater London

• North East of England

• North West of England

• South East of England

• South West of England

• West Midlands

• Yorkshire and The Humber

• Not sure

• Do not have any sites

• None of our sites are temporarily or permanently closed

How does your business's turnover over the last month, compare to normal expectations for this time of year?

• Turnover has increased by more than 50%

• Turnover has increased between 20% and 50%

• Turnover has increased by up to 20%

• Turnover has not been affected

• Turnover has decreased by up to 20%

• Turnover has decreased between 20% and 50%

• Turnover has decreased by more than 50%

• Not sure

What was the main reason for this change to your business's turnover over the last month?

• Coronavirus (COVID-19) pandemic

• End of the EU transition period

• Coronavirus (COVID-19) pandemic and the end of the EU transition period

• Other

• Not sure

What are your expectations about turnover for the next month?

• Expect turnover to substantially increase

• Expect turnover to increase a little

• Expect turnover to stay the same

• Expect turnover to decrease a little

• Expect turnover to substantially decrease

• Not sure

Which of the following best describes your business's exporting status?

• Exported in the last 12 months

• Exported more than 12 months ago

• Never exported and do not have goods or services suitable for export

• Never exported but have goods or services that could be developed 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 two months?

• Changed from EU to non-EU

• Changed from non-EU to EU

• Changed in a different way

• No changes made

• Not sure

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

• EU only

• Non-EU only

• Both EU and non-EU

• Not exported in the last two months

• Not sure

How does your business's exporting over the last month compare with normal expectations for this time of year?

• Exporting more than normal

• Exporting as normal

• Exporting, but less than normal

• Not been able to export in the last month

• Not sure

How does the cost of exporting over the last month compare with normal expectations for this time of year?

• Cost has increased

• Cost has stayed the same

• Cost has decreased

• Not sure

How does the time spent on exporting over the last month compare with normal expectations for this time of year?

• Time spent has increased

• Time spent has stayed the same

• Time spent has decreased

• Not sure

Have you experienced any of the following challenges with exporting goods or services over the last month?

• Additional paperwork

• Basing some staff in an EU member state to be allowed to work

• Change in transportation costs

• Closure of infrastructure used to export goods or services

• 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

• Did not experience any challenges with exporting

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

• 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

• None of the above

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

• My 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

• Not sure

• Not applicable

Has your business received any government-backed loans or finance agreements during the coronavirus (COVID-19) pandemic?

• Yes

• No

• Not sure

Has your business received payment from any of the following grants or schemes in the last month?

• Additional Restriction Grant

• Kickstart Job Scheme for young people

• Recovery Loan Scheme

• Sector-specific grant

• Small business grant

• Super-deduction

• Other

• Not sure

• Not received any of these grants in the last month

How long do you think your business's cash reserves will last?

• Business has no cash reserves

• Less than 1 month

• 1 to 3 months

• 4 to 6 months

• More than 6 months

• Not sure

How much confidence does your business have that it will survive the next three months?

• High confidence

• Moderate confidence

• Low confidence

• No confidence

• Not sure

What is your business's risk of insolvency?

• Severe risk

• Moderate risk

• Low risk

• No risk

• The business is insolvent

• Not sure

Which of the following 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 sources your imports of goods or services from in the last two months?

• Changed from EU to non-EU suppliers

• Changed from non-EU to EU suppliers

• Changed in a different way

• No changes made

• Not sure

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

• EU only

• Non-EU only

• Both EU and non-EU

• Not imported in the last two months

• Not sure

How does your business's importing over the last month compare with normal expectations for this time of year?

• Importing more than normal

• Importing as normal

• Importing, but less than normal

• Not been able to import in the last month

• Not sure

How does the cost of importing over the last month compare with normal expectations for this time of year?

• Cost has increased

• Cost has stayed the same

• Cost has decreased

• Not sure

How does the time spent on importing over the last month compare with normal expectations for this time of year?

• Time spent has increased

• Time spent has stayed the same

• Time spent has decreased

• Not sure

Have you experienced any of the following challenges with importing over the last month?

• Additional paperwork

• Change in transportation costs

• Closure of infrastructure used to import goods or services

• Customs duties or levies

• Destination countries changing their border restrictions

• Disruption at UK borders

• Finding information on how to import

• Lack of hauliers to transport goods or lack of logistics equipment

• Suppliers not continuing to trade

• Suppliers not customs ready

• Time taken for checks at the border

• Other

• Did not experience any challenges with importing

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

• 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

• None of the above

Overall, how prepared is your business for the introduction of full customs controls for goods imported from the EU from 1 January 2022?

• Fully prepared

• Somewhat prepared

• Not prepared

• Not sure

How much disruption to your business do you expect the introduction of full customs controls to cause?

• Major disruption

• Moderate disruption

• Minor disruption

• No disruption

• Not sure

In the last two weeks, approximately what percentage of your business's workforce were:

• Using a hybrid model of working

• Working from home

• Working from a designated workspace

• On sick leave or not working due to coronavirus (COVID-19) symptoms, self-isolation or quarantine

• Made permanently redundant

• Other

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

• 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

• Difficulties managing staff remotely

• Negative impact on working culture

• Not suitable for our business

• Reduced communication

• Reduced productivity

• Reduced reliability and retention or staff

• Security concerns

• Other

• Not sure

When do you expect your workforce to return to their normal place of work?

• Within the next month

• Between 1 and 3 months

• Between 4 and 6 months

• More than 6 months

• Workforce already returned to their normal place of work

• Not expecting workforce to return to their normal place of work

• Not sure

• Not applicable

What percentage of your workforce do you expect to return to their normal place of work in the time period you selected?

• Above 75% of the workforce

• Between 50-75% of the workforce

• Between 25-49% of the workforce

• Less than 25% of the workforce

• Not sure

How do existing employees' hourly wages over the last month compare with normal expectations for this time of year?

• Wages are higher

• Wages have not been affected

• Wages are lower

• Not sure

• Not applicable

How do new employees' hourly wages over the last month compare with normal expectations for this time of year?

• Wages are higher

• Wages have not been affected

• Wages are lower

• Not sure

• Not applicable

Which of the following actions, if any, have you taken to reduce your business's carbon emissions?

• Adjusting heating and cooling systems

• Electrifying your vehicle fleet

• Installing a smart meter

• Installing charging points

• Installing your own renewable electricity or heating

• Insulating your buildings

• Introducing a cycle to work scheme

• Switching to LED bulbs

• Other

• Not sure

• No actions have been taken to reduce emissions

Which of the following actions, if any, does your business intend to take in the next 12 months to reduce carbon emissions?

• Adjusting heating and cooling systems

• Electrifying your vehicle fleet

• Installing a smart meter

• Installing charging points

• Installing your own renewable electricity or heating

• Insulating your buildings

• Introducing a cycle to work scheme

• Switching to LED bulbs

• Other

• Not sure

• Not intending to reduce emissions in the next 12 months

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

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