The Somerset Business Survey 2022 results provide interesting insights and highlights challenges for Somerset businesses for the year ahead.
Now in its third year, the survey is a joint undertaking by Somerset’s five local authorities and has been developed with input from respected representative business organisations such as the Somerset Chamber of Commerce and the Federation of Small Businesses. In addition to providing much-needed intelligence about the position of the Somerset economy, the responses will be used to inform future targeted business support programmes.
Around 700 Somerset business responded with the survey covering wide ranging topics such as challenges and opportunities, home working trends, attitudes towards Net Zero and business confidence.
The survey results give valuable insight into current business challenges, such as inflationary pressures, supply chain issues, higher borrowing costs, ongoing recruitment and skills concerns, and the journey to net zero carbon emissions.
