Active Chartered Financial Planners

Businesses in Tees Valley are feeling optimistic about the future but still view inflation as a significant challenge according to a business survey commissioned by Active Chartered Financial Planners.

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

The third survey, covering the months from April to September, found that 88 per cent of responders remained positive about the future of their business.

Since the previous Business Index, the survey also showed that 61 per cent of respondents had increased their number of employees.

All but one respondent regarded inflation as the biggest challenge facing businesses with rising prices, impacting energy bills for many firms across the country.

Despite nationwide economic uncertainty, the survey found that 67 per cent of respondents have seen their business’ turnover increase compared to three months ago.

Karl Pemberton, managing director at Active Chartered Financial Planners said: “It’s very encouraging to see so many businesses feeling positive about the future despite high levels of inflation and economic uncertainty many businesses are facing.

“Tees Valley has benefited from a great deal of investment in recent years which is beginning to show for many businesses.

“The recent government announcement on investment zones, will see Tees Valley businesses benefit from tax reductions, helping the region develop its reputation as a centre for excellence.

“We welcome more owner managed businesses to take part in this quarterly survey which takes less than 2 minutes to complete. Please contact Ruth Conner by email rconner@activefp.co.uk if you want 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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