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City Stakeholder Survey

City Stakeholder Survey


Overview

As part of its work to determine how the 'Square Mile' and the City of London Corporation are viewed, the City of London commissioned TNS, the opinion research company, to conduct four separate surveys with City residents, City workers, City businesses and senior City executives in 2009.

These surveys are commissioned by the City Corporation every three years and are a high profile means of consulting the Square Mile’s diverse population about its performance. Along with the City of London’s existing feedback methods, the results help the City of London shape its future priorities and demonstrate how it is listening to its different audiences by addressing their key concerns.

These surveys were undertaken to discover satisfaction levels with the City as a place to live, work and run a business. It also tested satisfaction with the City of London Corporation and its services, tracking satisfaction levels over time and enabling comparison with other areas.

Summary of 2009 survey results

Almost 1,400 people’s views were collected in June/July 2009 through a combination of methods – face to face, phone interviews, postal questionnaires and online surveys.

While it is essential to avoid complacency, overall the results are good. TNS were impressed with the findings particularly in the light of the difficult economic climate which experience has shown has the potential for respondents to give more negative responses.

The levels of familiarity with the organisation have been maintained in all audiences with significant improvement amongst residents and workers. In addition, the numbers who feel that the City Corporation keeps them informed about its services have also been maintained and, although there has been a small decline in the numbers feeling very well informed since 2006, the figures are considerably better than the 2003 results.

The numbers of residents and businesses who would prefer to be contacted by letter has significantly decreased in the last three years, whilst the numbers who would prefer to be contacted by email (at home for residents and at work for businesses) has increased.

The results for satisfaction with the way in which the City Corporation performs its functions are high. There has, however, been a significant fall in the numbers of senior executives who feel very satisfied compared to 2006 with the figures similar to 2003 and 2000. Conversely, there has been a significant increase in the number of residents who feel very satisfied. The numbers who are dissatisfied remain very low, ranging from 1% of senior executives to 5% of residents.

As in previous years businesses and senior executives were asked about the City Corporation’s role in promoting the City. The highest number of senior executives and City businesses continue to feel that the City Corporation’s role in promoting the City of London and representing its interests at home and abroad should be increased. Only 3% of each audience feel it should be decreased. These results can be viewed as affirmation of The CityUK initiative.

The numbers who are satisfied with the City of London as a place to live, work or run a business remain very high. While the number of senior executives who are very satisfied has declined, the number of residents who feel very satisfied has increased. Again the numbers who are dissatisfied are very low, ranging from 1% of senior executives to 6% of workers.

Senior executives identify UK regulation, taxation and European regulations as the main issues that could threaten the City’s long term status as a leading global financial centre. Of the other competing centres, New York is considered the most significant threat to the City of London by a wide margin.

The numbers who were aware of the ‘News from the City of London’ advertisements in the Metro newspaper (notably 36% of City workers, compared to 28% in 2006) and the City AM columns by the Policy Chairman and Lord Mayor were encouraging.

Departments throughout the City of London are now working to ensure that the information from these surveys feeds into the development and review of their services.

Detailed summary of the 2009 survey results (83kb)
PowerPoint presentation of the 2009 survey results (3.3mb)
Summary of the 2006 survey results (439kb)

Contact

For more information on the stakeholder ‘reputation’ surveys contact Adam Maddock, Public Relations Office, 020 7332 1771 or email.


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