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Decision Maker Panel in the UK

Contents

Details

Details

Summary

The Decision Maker Panel is a survey of UK businesses. It focusses on businesses expectations and uncertainty, particularly in relation Covid-19 and Brexit.

Description

The panel draws information from Financial Officers in United Kingdom companies operating in a broad range of industries and is designed to be representative of the population of United Kingdom businesses. The sampling frame for the Decision Maker Panel is the population of all 48,000 active United Kingdom businesses with 10 or more employees in the Bureau van Dijk Financial Analysis Made Easy database. It covers small, medium and large private sector businesses across all industries. Firms are selected randomly from this sampling frame and are invited by telephone to join the panel by a recruitment team based at the University of Nottingham. This approach helps to ensure that the survey provides a representative view of the United Kingdom economy. Once firms are part of the panel, they receive monthly emails with links to a 5 to 10 minute online survey. Firms that do not respond to the survey for three consecutive months are re-contacted by telephone to check whether they received the emails or have other reasons for not completing the survey. When the Decision Maker Panel firm recruitment team first contact firms they ask to speak to the Chief Financial Officer and failing that the Chief Executive Officer. The surveys have a rotating three panel structure each member is randomized at entry into one of the three panels. Each panel is given one third of the questions in any given month, so that within each quarter all firms rotate through all questions. Survey A typically focussed on sales and prices, Survey B on employment and Survey C on capital expenditure. In addition, since May 2019 there has been an introductory questionnaire which all new panel members receive in their first month which asks about the characteristics of the business.

About this data

Data creator
Bank of England
Temporal coverage
01 August 2016 to 31 October 2022
Frequency
Monthly
Dataset theme
Business and economy
Restrictions for access
Limited to specific individuals
Project approval
Projects must be accredited and have approval from the data owner
Search keywords
Business Brexit COVID-19 Economy Employment Investment

Metadata

Metadata

Dataset themeMain category for the topic of the resource
Business and economy
Dataset resource typeThe type of the dataset resource
Survey
Geographic coverageThe geographic area covered by the dataset
UK
Temporal coverageThe timeframes covered by these data
01 August 2016 to 31 October 2022
FrequencyThe frequency at which the dataset resource is published or updated
Monthly
Geographic levelThe lowest level of geography covered by the dataset
Not applicable
Data creatorThe name of the organisation that produced or published this resource
Bank of England
Data contributorsThe name(s) of any organisation(s), other than the data supplier or provider, that have data which are included in this dataset resource
Licensing statusThe license used for making this resource available and defining how it can be used
Restricted
Disclosure controlThe standard or bespoke disclosure control rules that apply to this dataset
Standard disclosure rules apply
Restrictions for accessRestrictions for users and researchers accessing data in Google Cloud Platform
Limited to specific individuals
Research outputsThe approval route researchers must take for their outputs to be published
Research outputs must be approved by the data owner
Project approvalThe project approvals needed for this resource
Projects must be accredited and have approval from the data owner
Research disclaimerThe disclaimer required to be published with the outputs for this dataset
A disclaimer must be published with research outputs
AcronymAny other names or acronyms used to refer to the data
DMP
IDS Business Catalogue identifierThe identifier for this dataset resource
0.0198
ProvenanceDetails of how this dataset resource came to be generated
Bureau van Dijk Financial Analysis Made Easy database