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Renewed Sense of Optimism Revealed Amongst UK Small Businesses

A huge sense of optimism has been exposed amongst UK SMEs today, as a new report reveals that, for one in five businesses their situation has ‘never been better’
Finance - 21 August 2012   Download IconContent available for download:  
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New research has revealed today that, in spite of the worst double dip recession in fifty years, UK businesses are showing a renewed sense of optimism, with one in five saying business has never been better.

Rising out from the dark shadows of economic crisis the new report has exposed a renewed sense of positivity amongst the small businesses surveyed, who claimed they’re expecting an 88% growth over the next five years.

Such overwhelming confidence and with priorities like ‘hiring staff’ top of their to-do list, a new glimmer of hope has broken through the usual doom and gloom associated with the country’s financial state. But with the right attitude firmly in place, what can companies do to help secure this future growth?

. Introduction:

A new report today reveals that businesses are enjoying a renewed sense of optimism over their long term prospects – predicting an average growth of 88% over the next five years and one is five saying business has never been better.

This is welcome news but optimism alone won’t drive growth. Businesses also need advice, guidance and support.

Joining us to discuss this further is Robin Foale, Santander’s Head of Business Banking.