Decision-makers from across the county were given fresh data from the latest Quarterly Economic Survey about the state of the local economy and the impact new National Insurance hikes might have on businesses.
Chamber members quizzed a panel of experts chosen by sponsors, purpose-led independent law firm Brabners, during the event at The Mill at St Catherine’s Hospice in Preston.
They included Brabners chief executive Robert White, Jayne Raven from Amber River True Bearing, Jane Dalton from Groundswell Innovation and Jenny Natusch from Escape2Make.
The latest Quarterly Economic Survey (QES), conducted by the North & Western Lancashire Chamber of Commerce, reveals that many businesses are holding back on recruitment and investment plans in the wake of policies imposed on the business community from the last Budget.
With rising costs, increased NICs, and the ripple effects of a global tariff war, UK businesses – especially SMEs – are facing mounting pressure. This combination is driving a low-growth outlook, weak investment, and further uncertainty in global trade.
Fieldwork for Q2 of the QES begins on 12th May.
Read the latest QES report here – QES Report Q1
