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Version: 2.0.0 | Published: 6 Nov 2024 | Updated: 84 days ago
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Decision Maker Panel - Business Insights and Conditions Survey matched data - UK

Dataset

Summary

Citation:
Bank of England, released 31 October 2024, ONS SRS Metadata Catalogue, dataset, Decision Maker Panel - Business Insights and Conditions Survey matched data - UK, https://doi.org/10.57906/1x68-0162

Documentation

Description:
The Decision Maker Panel is a monthly online survey of business run by the Bank of England. It focusses on businesses’ expectations, uncertainty and topical policy issues. The survey receives around 2500 responses a month. Only firms with over 10 employees are included in the DMP sample frame. he Business Insights and Conditions Survey (BICS) collects information on the impact of challenges facing the economy and other events on approx. BICS is a voluntary fortnightly survey, where each wave of data covers a period of two weeks capturing business’ views on impact on turnover, workforce prices, trade and business resilience. Around 10,000 firms respond to each wave. BICS includes business of all sizes. The DMP and BICS surveys are both timely high frequency business surveys. They both cover similar topics, asking about business conditions and the impact of economic events such as the UK’s decision to leave the EU and the Covid-19 pandemic. But the precise questions tend not to be exactly the same. The DMP survey tends to ask more quantitative questions, but is a relatively short survey. The BICS questionnaire is longer and typically asks questions in a qualitative way. The matched dataset will allow users to combine information from both surveys to help better understand the conditions facing businesses and how they make decisions. The questions for both surveys can change from wave to wave, so comparison and routing of the questions needs to be monitored closely.

Coverage

Spatial

Spatial Coverage:
United Kingdom
Geographical Levels:
NUTS1

Temporal

Start Date:
01 August 2016
Latest Data:
31 October 2023
Frequency:
QUARTERLY
Distribution Release Date:
31 October 2024

Provenance

Source:
  • Survey
  • Linked

Access and Governance

Usage

Condition of Access:
Access needs approval
Condition of Use:
Output required for approval
Resource Creator:
Office for National Statistics

Access

Access Service:
  • Safe Rooms, SafePods
  • Assured Organisational Connectivity – office based
  • Assured Organisational Connectivity – remote access
Jurisdictions:
  • GB-EAW
  • GB-SCT
  • GB-NIR
Data Controller:
Bank of England
Access Level:
Access Level 3

Format and Standards

Languages:
en

Enrichment and Linkage

Related Datasets:
  • Business Insights and Conditions Survey - UK
  • Decision Maker Panel - UK