New research compiled by Amazon and Enterprise Nation has found that British SMEs are forecasting +1.6 per cent revenue growth despite business confidence being at an all-time low.
The Spring Budget was the chancellor’s opportunity to instil boost business confidence and get them spending, hiring and investing. Unfortunately, the result was underwhelming.
Global business confidence is at its highest in 12 months, with confidence amongst UK businesses holding up relative to the previous quarter.
I was helpfully reminded the other day that recessions run in ten-year cycles and that, in theory, we are closer to the next recession than we are to the last. So as we enter 2016, we could be only a couple of years away from another trigger, as when financial services firm Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008.
Business confidence is heading in the right direction, as we approach the "Bonus" Budget.
Despite the fact that small and medium businesses are having to work harder than ever to stay profitable, confidence in the economy continues to rise, says Jason Eatock, head of SME at Zurich.
Entrepreneurs are less confident about business growth, according to the latest results for Smith & Williamson's quarterly Enterprise Index.
New research compiled by ICAEW has found that businesses in the UK are increasingly “sitting on cash surpluses” and waiting for confidence to pick up before spending again.
A weakening global demand could threaten company investment and jobs, despite results showing business growth looks positive.
International SME confidence is increasing, however, the UK lags behind many large economies in entrepreneurs’ assessment of their business prospects, according to Sage’s Business Index.
The latest findings from the ICAEW Business Confidence Monitor (BCM) found confidence in future prospects has fallen despite a two year consecutive rise.
Confidence among UK construction firms hit its highest level in over seven years, driven by a sharp increase in house building, according to new figures.