credit facilities

Beating The Recession

Small firms optimistic despite the Recession

Small businesses are remaining upbeat about the year ahead, despite the gloomy outlook for the 2009 economy. Research from Orange revealed that a fifth of small firms are optimistic about the next twelve months and a third believe it will be a hard start to the year, but will pick up later on. Only 32% of small firms believe they will struggle to cope with the downturn. Orange UK vice president for business, Paul Tollett said: “It is encouraging that over half the respondents of the survey are optimistic for 2009 or believe that things will pick up throughout the year,”. “We must ensure we do what we can to drive this optimism into action and get British business back on its feet.” The survey also found that only a quarter of small firms said their credit facilities... »