UK SMEs are ambitious for the opportunity to regain lost ground post-pandemic, but risk being held back by a myriad of mounting pressures including rising costs and cashflow challenges, new research shows.
According to Bibby Financial Services’ (BFS) annual SME Confidence Tracker survey, this difficult operating environment is causing friction and fragility amongst smaller businesses. Exploring the views of 500 UK SME owners and decision makers, it finds that 82% of SMEs now feel confident about their prospects this year, a six-percentage point increase compared to 2021, and…
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