bibby financial

Small Businesses Have Enjoyed Strongest Q1 Performance Since 2008

Data from Bibby Financial Services indicates strong rate of recovery among small firms Small businesses have recorded the highest level of output in the first quarter since 2008, according to new findings. Bibby Financial Services has tracked turnover data of its 4,000 clients across five key sectors: manufacturing, construction, transport, wholesale and business services. The data suggests that small and medium-sized businesses in the UK enjoyed the strongest level of activity, year-on-year, for six years. Firms in the manufacturing sector recorded the highest level of activity for a first quarter, but construction firms have suffered the lowest activity level since Q1 2009. However Bibby has noted that the first quarter ended with a surge of activity coinciding with Chancellor George Osb... »

Bibby Financial Services Business Factors Index

Caution Underpins 2010 Business Trading

Second Index report tracks small business debt factoring volumes and economic opinion across end of 2009. A third of UK businesses are not expecting trading conditions to recover from current levels for at least a year, suggesting firms are taking only tentative steps towards recovery despite expected GDP growth in Q4 of 2009, according to the latest Bibby Financial Services Business Factors Index. The study reveals: Q4 2009 saw the Index average – the measure of output across all of the sectors within the Index – rise 2.5 points higher than the previous quarter, signalling a slight return to growth at the end of 2009. Despite an improved outlook in Q4, business owners remain as reluctant about a recovery over the next six months as they were in Q3 of 2009. Almost half (48%) fe... »