More than a fifth (22 per cent) of UK SMEs signal rising costs as their biggest concern going into 2017, findings from Bibby Financial Services’ Q4 SME Confidence Tracker reveal. The number of businesses that see rising costs as a significant challenge has doubled over the past 12 months, underlining the impact of a Brexit-driven rise in
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The biggest concern for small businesses is rising costs
by Ben Lobel • • 0 Comments
The number of businesses that see rising costs as a significant challenge has doubled over the past 12 months, according to findings from Bibby Financial Services’ Q4 SME Confidence Tracker. These fears are of particular concern for manufacturers with almost a third (29 per cent) citing this as their biggest challenge. Increasing competition (18 per cent) and
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