Stagnating economy forces SMEs to change tack

Posted on 8 Aug 2011 by The Manufacturer

An SME Trends Survey released by the CBI has indicated growing pessimism among manufacturers about the economy - as a result SMEs are reappraising their business plans.

The CBI’s quarterly SME Trends Survey showed that general sentiment about the business situation in the UK has fallen among SMEs. As well as this is the finding that the majority of the 411 respondents expect no further growth in demand or output over the next quarter. Out of all the respondents to the survey,…

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