Strong SME growth

Posted on 02 Aug 2017
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 SME growth at five-year high

SMEs are growing and investing at the strongest rates in five years as the economic recovery gathers pace. Entrepreneurs" commitments to invest more in their businesses over the next 12 months have reached highs not seen since 2010, according to a survey by the FSB. The group reports that its members "are in a robust mood", with confidence among them picking up markedly in the second quarter of the year. "The latest survey readings on job creation, productivity, and investment all bode well for small businesses sustaining the economy"s growth through 2015," it said. Meanwhile, the FSB London Small Business Index indicates nearly three quarters (74%) of SMEs aspire to grow moderately or rapidly in the next three months say Harris & Co accountants Northampton, the specialist small business accountant

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