Mixed findings in latest regional economic survey


Concerns remain around access to finance and business rates according to the latest quarterly economic survey findings throughout Mid Yorkshire.

The survey shows positivity among Mid Yorkshire firms and says it is encouraging to note that the steady economic recovery has broadly been maintained.

But optimism in some areas is counterbalanced by weaker figures elsewhere.

Speaking on behalf of all Chambers in the Yorkshire and Humber Region Chamber Chairman, David Horsman said: “The proposal for an ‘HS3’ to connect cities across the North has raised familiar arguments about the North South divide and the relationship between our regions and the political classes in Westminster. While companies in the Yorkshire and Humber region are in broadly positive spirits at the mid-point of the year there is no doubt that recovery remains slower than had been anticipated and there is a risk that Britain will experience a “two speed” recovery with the greater part of growth benefitting the South East.

“Businesses in our region would like to see real solutions to the issue of access to finance - and a comprehensive review of the whole system of Business Rates, so that we might create the best possible business environment to support speedy and sustainable economic growth.”