Raising Investment

A Fifth of Small Businesses Postpone Raising Investment until After Election

A Fifth of Small Businesses Postpone Raising Investment until After Election

Access to finance was named as the main issue small businesses want to see tackled by the post-election government, with 13% of companies stating it was more difficult to secure investment now than it was a year ago, according to the latest quarterly Close Brothers Business Barometer (CBBB). Despite 73% of small business owners planning to seek finance in 2015, a fifth of businesses surveyed admitted that they are delaying investment until after the election due to ambiguity over the business and finance atmosphere under a new government. The top two post-elections concerns named by the CBBB’s respondents was the possibility of the return of a coalition government and an EU referendum, and what these issues would mean for UK enterprise. CEO of Close Brothers Invoice Finance, David Thomson,... »