Credit, Collections & Insolvency News
The percentage of UK small businesses predicting growth has fallen for the fourth consecutive quarter, plummeting to the low levels seen during the lockdown era of 2020, according to new research from Novuna Business Finance. A year on from the Labour Government taking office, the immediate ‘Election Bounce’ in small business confidence (35%) has fallen…
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Analysis by the Federation of Small Businesses (FSB) suggests that confidence among small business owners fell into negative territory in Q2, with rising employment costs denting morale. The FSB’s Small Business Index (SBI) for Q2 2024 saw the headline confidence reading tumble to -10.8 points, a fall of 16.3 points from Q1’s +5.5 points. Construction…
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The latest Federation of Small Businesses Small Business Index (SBI) for Q2 2024 saw the headline confidence reading tumble to -10.8 points, a fall of 16.3 points from Q1’s +5.5 points. Construction was the least optimistic of the main sectors, with a score of -20.7 points. The wholesale and retail sector was not far behind,…
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