Small business confidence collapses

Not very promising.

“More companies are now pessimistic about their prospects than bullish and intend to sack staff in an attempt to reduce costs and save cash”

The Centre for Economic and Business Research (CEBR) polled around 1,600 members of the Federation of Small Businesses mid last month and  registered the largest increase in firms expecting to lay off staff since the survey began in the first quarter of 2010.

Read all about it here in The Telegraph

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One response to “Small business confidence collapses

  1. Pingback: Consumer confidence falls | Brian Dear

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