post budget

Small Businesses Growth Prospects Cautious Post Budget

Small businesses are cautious about their prospects following the 2011 Budget, with 55% of small business decision makers expecting their business to ‘stay about the same size’ and 25 per cent predicting their businesses will grow in the next 12 months, according to new research for Safestore, the UK’s largest self-storage company. The research, which assessed 500 small business senior decision makers’ perceptions of the 2011 Budget and the implications for small business, also shows that more needs to be done to help them cut costs. 54% of small businesses surveyed said the measures announced by Chancellor George Osborne will make no difference to their growth prospects and 26% actually think it make things harder for them to grow. When asked to consider the budgetary measures they though... »