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Trades report growing business trend in Vanarama survey

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August 20, 2015

A Trade survey conducted by Vanarama has revealed that 65% Britain’s of trades are anticipating business growth, with 55% stating that they would leave the EU ‘tomorrow’.

Vanarama has recently conducted its annual survey of customers in what is the company’s largest survey to date.

Vanarama customers were asked 10 key questions including how they felt about the current government, optimism for the future, cash flow improvement as a result of reduction in bad debt and what kept them awake at night.

Andy Alderson, Managing Director of Vanarama, said;

“We have been aware of the growing positivity in the economy for some time now. Our survey simply confirmed in writing what our customers have been telling us anecdotally.

“Our customers hail from all trades including the construction sector which was badly hit by the credit crunch. It’s great to see confidence and growth returning across the board, especially in a sector that had its back against the wall.

Out of 600 responses:

  • 45% felt more optimistic for the future under the new government
  • Only 19% less optimistic for the future under the new government
  • 55% said they would leave the EU tomorrow
  • 47% said their bad debt had improved this year
  • 7% said their bad debt had worsened
  • 36.53% cited recruitment of quality staff as a problem that kept them awake at night, followed by 34.61% of respondents who were concerned about coping with the current level of business

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