Active Chartered Financial Planners

03/01/23

Tees Valley businesses are hoping that experienced staff make job hunting a new year’s resolution, according to a business survey commissioned by Active Chartered Financial Planners.

The firm launched its quarterly Tees Valley Business Index in January, as a representative temperature check for enterprises across the five Teesside boroughs.

The final survey of the year, covering the feelings of business owners in September to December, found that while 92 per cent of responders remained optimistic or very optimistic about the future, the perennial issue of recruitment was still on people’s minds.

Since the autumn Business Index survey, 85 per cent of respondents reported an increase in turnover and no respondents had seen a drop in the number of staff they employ.

In all four surveys conducted this year, 100 per cent of respondents were positive or very positive about the future of Tees Valley as a hub for business and industry.

Fifty per cent of respondents cited recruitment and ‘finding the right people’ as their biggest issue, while several also commented on economic uncertainty, particularly with energy prices, was still a worry.

Karl Pemberton, managing director at Active Chartered Financial Planners said: “This year it has been fascinating to track the trends within Tees Valley businesses to get a sense check on how people are feeling, which is, in fact almost always optimistic.

“Watching the news, it’s easy to talk our way into a recession, however every quarter we’ve seen that organisations in the region are increasing staff numbers, higher turnover and a positive view for the coming months.

“The new year often sees a recruitment flurry, so it will be interesting to see what concerns business leaders are experiencing in early 2023, and how this compares to what we have seen this year.

“We plan to continue with this quarterly survey next year and welcome more owner managed businesses to take part. Please contact Ruth Conner by email rconner@activefp.co.uk if you would like to learn more.”

ENDS

Contact Rosie Earl on 01325 363 436

Issued on behalf of Active Chartered Financial Planners

Active Chartered Financial Planners is a team of specialist Independent Financial Advisers that provides a full suite of holistic financial planning services to private individuals, corporate businesses and professional practices. Being independent means that Active can offer its clients the best financial products, with no bias towards certain providers.

The highly coveted “Chartered” status, which it has held since in 2013, means Active works to standards matched by only a tiny proportion of financial planning firms. Chartered status is central to the business and demonstrates Active’s commitment to remain at the forefront of the industry.

With a history dating back to 1986, today Active is based at modern Head Offices in Thornaby (Stockton on Tees) and covers the entire North East and Yorkshire regions.

The team at Active is highly qualified; including 6 Chartered Financial Planners holding Fellowship status; the highest level of qualification awarded in the industry.

Active’s Financial Planning Services include:

• Investment Planning
• Retirement Planning
• Protection Planning
• Later Life Planning
• Planning for Your Business
• Mortgage Planning

http://www.activefinancialplanners.co.uk

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