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LCCI Quarterly Economic Survey, Q1 2017 – Business Rates

Survey of London businesses on behalf of the LCCI on business rates.

Among those businesses whose rates are increasing (33% of the total):

  • 27%  plan to reduce in capital investment
  • One in five plan to reduce recruitment (22%) or downsize (20%) as a consequence
  • 18% plan to reduce staff numbers
  • 17% intend to move activities out of London
  • 17% will reduce investment in training
  • 13% will relocate activities within London

Date Published: 20/03/2017

Categories: Business | Economy | Economy | Professionals

Client: London Chamber of Commerce and Industry (LCCI)


ComRes surveyed 504 London business decision makers online between 14th Feb and 2nd March 2017. Data was weighted to be representative of all London businesses by company size and broad industry sector.

  1. LCCI-Quarterly-Economic-Survey-Q1-2017-Business-Rates-Data-Tables-2 0.02 MB.

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