Small Businesses Forecasting

Number of Small Businesses Forecasting Growth Increases

38% of UK small enterprises believe they will expand in the next three months The number of small firms predicting significant growth has increased by 13% since the end of 2014, with 38% feeling confident that they will experience expansion in the next three months, according to Hitachi Capital’s Business Barometer. Manufacturing is the most confident industry with 43% of small firms in the sector predicting expansion and growth, which is an increase of 8% from Q4 2014 figures and London came out top in regards to regions at 46% (up from 41%). The report, which featured 1,000 UK small businesses, also unveiled construction as the least positive industry, with 24% stating they will have to decrease in size and possibly close as 2015 progresses (an increase of 11% from Q4’s figure). And smal... »