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Richmond Events' Business Panel Report - The Eurozone


Kirsty Brown | 02/11/2011
Filed under: eurozone, panel, research, business

Our latest report is now available on the topical subject of The Eurozone.  

Here are the headline findings and to view the full report please click on the link at the bottom.
  • Asked for their views on the Euro a 69% majority of the panel feel it’s likely to stagger on much as presently.
  • The next highest proportion of 13% feel the Euro will recover and strengthen within one year, whilst 12% feel the polar opposite, i.e. it will collapse within one year.
  • Only one person feels it will strengthen within 6 months, whilst 2% feel it will collapse within 6 months.  Interesting times indeed!
  • Asked about their view of a return to individual currencies for the Eurozone the highest proportion of the panel is indifferent.  Of those with a view over one third believes it would be advantageous to Britain whilst one in five believe it would be disastrous.
  • We then asked if Europe was to regain stability and its former economic strength would the panel favour Britain joining the Eurozone.  Only 14% said yes compared to 63% no, the remainder maybe; never say never.
  • 6% of the panel feel the Eurozone will return to a sustained period of growth within the year.  The highest proportion, 43% feel it will return within 2 years, whilst 41% feel it will within 5 years.  10% admit to having no idea whatsoever! 
  • In terms of banks lending to British businesses, one in five claims it’s not as easy to obtain credit as it was before the recession, whilst 9% say ‘their’ banks have not always been helpful lately.  7% have found it excessively expensive to borrow from their banks whilst 3% admit to having real problems. 
  • Two thirds of the panel believe unemployment will eventually fall; over half the panel feels it will reduce within 2 years and 9% within the year.  Against this, the remaining third cannot see a fall in unemployment for the foreseeable future.
  • Asked for their agreement levels from a series of statements: the most vehement are that British banks should separate their retail functions from the more speculative investment arm, and, that whilst the Coalition promised to slash the numbers of quangos and civil servants, the results so far have been wholly unimpressive.
  • Interestingly over half the panel disagreed with the statement that the Government should relax some of its austerity measures to stimulate the economy.  Just under one third agreed they should.
  • Over ½ the panel agree that Anti-Europe sentiment is increasing in Britain.
  • Almost two thirds of the panel agree that British banks have been insufficiently penalised for their role in provoking the credit crunch.
Download the full report.

For further information please contact David Clark.



Richmond Events’ Business Panel Report - Workplace Happiness


David Clark | 19/08/2011
Filed under: UK Business Panel, US Business Panel, Richmond, Research

Business-Panel-Report-image.jpgIn these joyful times that we currently live it seemed only right that the latest piece of research from Richmond Events’ UK Business panel focuses on Workplace Happiness.  However, all is not lost.  As the report reveals employees still have a real sense of pride for their organisation and whilst the economic situation has clearly had an effect,  individuals are utterly determined to succeed both for themselves and their organisation. 

The headline findings can be found below and if you’d like to view the full report please click on the link at the bottom. 

We hope you enjoy!  

  • Whilst just over ½ the panel claim to be content in their present position, this means 47% are not.
  • 63% of the panel say their workplace happiness has reduced or remained static over the past year.  37% say it has improved.
  • Unsurprisingly the current economic situation has left its mark on the panel.  Only 31% say it hasn’t affected their workplace happiness whilst 37% say it remains difficult but they’ve had to learn to adapt.
  • Figures are similar for organisations as a whole with all but 19% being affected; 14% admitting it remains a difficult time for their organisation.
  • The top two areas that give the panel most workplace satisfaction (excluding promotion & a pay rise) are helping their organisation improve its competitive position & helping the team reach peak performance.  The panel say they receive little satisfaction from proving a superior wrong or getting rid of a troublesome team member.  Of course they don’t…
  • The top two reasons the panel are likely to experience periods of discontent at work are slow / poor decision-making and actions of colleagues.
  • If the panel are asked to take on extra work (without additional resource or remuneration) the highest proportion are likely to view it favourably, believing it confirms the confidence their superiors have in them.  Only ¼ feel they are being taken advantage of.
  • The two departments to give the panel most grief on a regular basis are Operations and Finance.
  • Asked about their families’ happiness the top three areas for concern are; the high levels of debt their children will take on to fund university, the ever increasing cost of living and how their children will get on the property ladder.  

For the full report please click here




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