Friday, 16 March 2012

Small Business Confidence On The Up

It could be good news for Great Britain - a recent report suggests that with small business confidence on the increase we could see an improvement in employment rates.

Confidence amongst small business insurance policy holders is up, according to the Federation of Small Business (FSB), who have said that in spite of the increasing cost of overheads and issues gaining access to business finance small business confidence has bounced back from the all time low reported at the end of last year.

The report undertaken by the FSB shows that almost 50% of the 3,000 companies surveyed is expecting to see some form of growth over 2012.

Commenting on this John Walker, Chairman of the FSB, stated:

"It is a testament to the hard work and determination of the UK's small businesses that, in the face of rising costs and falling demand, they are still confident about the year ahead."

As business picks up over the next few months many small businesses could start looking to take on additional staff to help with work-loads.

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Source: http://www.fsb.org.uk/News.aspx?loc=pressroom&rec=7655

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