GLG Network Survey Tracker: UK Inflation II

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SURVEY DETAILS
TARGET POPULATION

For this Network Survey, GLG surveyed 50 senior executives at UK businesses within various sectors. This is the second wave in this tracker series.

What will you learn from this survey?

  • The research assessed the impact of current inflation patterns on UK businesses.
  • These experts also provided their views on the major contributors to prices in 2024.
  • Lastly, our experts commented on what impact they expect interest rates to have both on their industry and on consumers.

Examples of findings:

  • Among areas of income, price trends have remained somewhat similar across waves, although, areas such as exported goods and manufacturing income are expected to reduce its prices during 2024.
  • Over four-in-five respondents declared that wages will become one of the major contributors to price increases in 2024, overheads follow with over three-quarters.
  • Close to one-third expect a major impact related to EU trade complications, however, those expecting severe impacts halved.

Deliverables

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, Willem Buiter, Global Chief Economic Advisor at Colligo Labs.

  • 1 x Individual responses (“raw data”) in Excel.
  • 1 x PPT report with aggregated data.
  • In-depth PowerPoint report of survey findings presented by the Council Member via webcast (optional).

Sample Questions

  • Regarding price changes in your industry, what do you expect the pricing trend to be for the following areas of expenditure for 2024?
  • Regarding price changes in your industry, what do you expect the pricing trend to be for the following areas of income for 2024?
  • Which of the following do you consider to be a major contributor to prices in 2024?
  • To what extent do you expect wages to change within your industry in 2024?
  • To what extent are the costs of the following in your industry linked with the rate of inflation?

Access

This survey is available to subscribers of the Legal, Economic and Regulatory Affairs (LERA) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

DISCLAIMER

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription. 

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.