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Entrepreneurs Panel

Julie Meyer
Charlie Mullins
Laura Tenison
Brian Hay
Steve Purdham
Tony Caldeira
Jeremy Roberts
Jennie Johnson
Michael Oliver
Richard O'Sullivan
David Pollock
Debbie Pierce

Category: Bibby Financial ServicesSyndicate content

As the official measure of the UK’s economic performance suggests a return to pre-recession levels, research today reveals that the majority of SMEs believe that gross domestic product (GDP) is irrelevant and does not reflect the true business environment.

A survey of 1,000 businesses has revealed that more than half are looking to invest in new equipment and staff over the next three months, but this surge in confidence and growth could be stifled by pressures in the housing market.

Three-quarters of the UK’s micro businesses do not consider social media to be important – which means those that do choose to engage with it may find an untapped market, says Bibby Financial Services (BFS).

Business owners in the North are more likely to invest in the enterprise than their counterparts in the Midlands and the South, a survey of small and medium sized firms has found.

Almost one in three firms have been unable to secure finance in the past 12 months, new research has indicated.

Business turnover in the third quarter of this year reached the highest level since the first signs of the banking crisis began to emerge almost three years ago, according to the latest Business Factors Index from invoice finance firm Bibby Financial Services.

The time wasted chasing late payments could be costing the small business community as much as £1.9 billion a year and manufacturers and construction firms are being hardest hit, according to new research by Bibby Financial Services.

Despite recent signs of economic growth 63 per cent of UK business owners continue to worry about losing clients.

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