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 Companies shrug off Brexit vote  

A survey from Amazon and Enterprise Nation has found that SMEs are expecting a positive year in 2017 as they become more optimistic about profit and revenue growth. According to the report, businesses are predicting that profits will rise modestly, by 1.1%, up from 0.2% previously. Companies in the east and southeast of England and in the West Midlands are forecasting the highest revenue growth, while by sector financial services, professional services, and IT and telecoms are the most optimistic. The research also found that 80% of firms said a global recession was among the biggest risks, with 77% worried about inflation, 72% concerned about a fall in domestic demand and 67% uneasy about eurozone instability.

Source:   The Times (19/12/2016)

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