Survey to gather data into business sentiment

It is hoped the second survey will start to build a picture of trends and the impact of changing factors on businesses

The Institute of Directors (IoD) in Guernsey has opened a second survey to gather data into business sentiment in the bailiwick.

Results from the first edition of the economic confidence survey, launched earlier this year, revealed that business leaders felt confident in their own organisations' prospects over the next 12 months.

It was hoped the second survey would start to build a picture of trends and the impact of changing local and international factors on businesses in the bailiwick, the IoD said.

It is open to IoD members until 4 November.

Richard Hemans, the IoD’s local lead on the economy, said: "We were very encouraged to see deputies and civil servants respond to the first set of data and now we can start to build a picture of the trends - of both local confidence and the impact of external factors.

"This kind of information is both a helpful benchmark within the local business community, but also provides up to data information for our government which is critical for policy decision-making."