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SME Data Hub

Each quarter 1,000 UK SME owners across a range of sectors, regions and sizes, are surveyed by specialist independent researcher, Kantar, on Close Brothers’ behalf.

Use the drop-downs to select a year and quarter to look at the data we collected at that time.

Currently viewing

Q1 2022

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Accessing the data

This data is free for you to use. All we ask is that you credit 'Close Brothers Asset Finance' if you do use it.

Select the year/quarter: Each 'wave' was collected at a specific time. Just select from the drop-down (above) the year/quarter you wish to view. 

Choose a question set: Below you can also choose different question sets to select data about a specific category or topic. 

Filter the data: Use the filters on the right to see the results split by gender, location, turnover, and industry. 

Compare data: If the same question has been asked in other years/quarters, you can use the drop-down underneath each chart to see how results have changed over time.

Questions

Have you personally been affected by the rising cost of living?

Yes 77.9%
No 22.1%

Of the following cost rises, which has had the most impact:

Food 33%
Fuel 34.4%
Energy 30.4%
Clothing 0.9%
Rent 1.2%

Of the following, which have inhibited your business’s growth the most:

Supply shortages 22.8%
Driver shortages 19.6%
Material shortages 17.4%
Influence of Brexit 12.7%
Skills shortages 9.8%
None 17.8%

Have you passed any additional costs onto customers?

Yes 39.8%
Partially 24.1%
No 36.1%

Have you had to raise wages in the past six months?

Yes 43.1%
No 56.9%

If the cost of doing business has increased for you, has it caused you cashflow issues?

Yes 48.4%
No 38.4%
I haven’t noticed an increase in the cost of doing business 13.1%

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