Q1 Performance

Small Businesses Have Enjoyed Strongest Q1 Performance Since 2008

Data from Bibby Financial Services indicates strong rate of recovery among small firms Small businesses have recorded the highest level of output in the first quarter since 2008, according to new findings. Bibby Financial Services has tracked turnover data of its 4,000 clients across five key sectors: manufacturing, construction, transport, wholesale and business services. The data suggests that small and medium-sized businesses in the UK enjoyed the strongest level of activity, year-on-year, for six years. Firms in the manufacturing sector recorded the highest level of activity for a first quarter, but construction firms have suffered the lowest activity level since Q1 2009. However Bibby has noted that the first quarter ended with a surge of activity coinciding with Chancellor George Osb... »