The May Institute of Directors (IoD) Policy Voice survey addressed the topics of energy, crowd funding, and the National Living Wage. Below are some of the survey highlights:

  • 61% would be negatively affected by increase in oil prices.
  • 50% would not choose to pay to have a smart meter, 0.7% are willing to pay actual costs.
  • 74% want decarbonisation, 68% do not think energy is competitively priced.
  • Support for: offshore wind (79%), biomass (68%), wave (88%) and fracking (56%).
  • 94% heard of crowd funding, 55% considered but only 6% used it.
  • Top 3 reasons to crowd fund: diversify portfolio (47%), potential returns (42%), hobby (30%) (see chart below). 
  • 77% have not been affected by the National Living Wage

Top 3 reasons to crowd fund according to UK Directors June 2016 IoD

Source: May 2016 Policy Voice Survey, IoD