Close Brothers Asset Finance

Small Business Optimism Continues to Rise

Over half (52%) of small firms plan to invest in their company as trading conditions improve Small and mid-sized business optimism continues to build as 52% of company owners declare plans to invest in their firms thanks to improved trading conditions. In addition, 34% believe that their companies will grow in 2015, according to the most recent Close Brothers Business Barometer (CBBB). The report revealed that alongside investment and growth predictions, companies plan to seek growth funding and increase headcount with four out of 10 enterprises planning to seek funding to facilitate expansion and 47% hoping to recruit additional staff. The CBBB, which is a quarterly survey conducted by financial group Close Brothers Asset Finance, (CBAF) demonstrates the opinions of small business owners ... »

A Third of Companies Believe HS2 Will Benefit Business

12% of firms hope to receive direct business from high speed rail network Almost a third of small and medium enterprises believe that the high-speed rail project, HS2, will have a positive impact on their firm, according to the latest Close Brothers Business Barometer (CBBB). Over half (52%) of the optimistic business leaders hope that the HS2 will increase their growth potential, thanks to better connections to cities across the UK, and 30% feel that it will improve their access to talent, making it easier to hire employees with strong skill-sets. In addition, the barometer, which is a quarterly survey that portrays the views of small and mid-sized business owners, found that a number of small and medium-sized firms plan to acquire direct business from the project with 12% anticipating in... »