SME's looking up

During 2020, 46% of SMEs contemplated closure but that figure dropped to just 1% in 2021 whilst 36% are now planning for growthaccording to a survey by Purbeck Personal Guarantee Insurance. Further lockdowns are the number one worry for the owners and directors of UK SMEs but 53% are cautiously optimistic about the year ahead and 22% are very optimistic says the survey.The survey spoke to 1000 SME owners and directors on how they were feeling about their business at this moment in time after the covid-19 pandemic with 49% of SME owners and directors hope to keep their business on an even keel this year.