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SME Growth Tracker shows falling SME business confidence in Q2

Thursday 12 July 2018 | 11:01 CET | News

The latest SME Growth Tracker report, prepared by Capital Economics for Enterprise Nation and Amazon, shows falling SME confidence across the UK. The Confidence Index score for SME businesses fell from -6 earlier in 2018 to -8 in the second quarter. 

Confidence in business conditions has remained negative for all UM SMEs since the 2017 General Election, and has not been positive since March 2017. Brexit is expected to continue having a negative impact on most business indicators during the current quarter. However, it is not the biggest concern for businesses, with higher price inflation, cyber crime and increasing competition all cited as risks for SME business leaders over the coming 12 months. 



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Categories: Internet
Countries: United Kingdom
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