A survey of business confidence from the Institute of Chartered Accountants in England and Wales, based on the last quarter of 2010, shows a sharp decline, with confidence amongst those in the production industry having fallen more sharply than that in service industries.
Retailing and construction businesses showed the greatest individual decline in confidence. Two fifths of businesses reported customer demand to be a greater challenge than a year ago, with the greatest decrease being in the banking and finance sector. Ironically, in tandem with weak demand for finance, private companies of all sizes have reported increasing challenges with regard to access to capital.
Click here for guidance on borrowing for businesses.
01634 811118
Business Confidence Plummets in Fourth Quarter
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.
Ask a free legal question
Complete this simple form if you
would like to ask us a
free legal question
What Our Clients Say
We would like to thank you for the superb work and attention to detail that has gone into our dispute with the council so far!
Our Architect put together a very professional document which was further enhanced and polished by your very professional input.
You are in fact unique in my personal experience of the legal profession in that you take your duty of care very seriously. It is obvious that the outcome concerns you greatly and your determination to win is much appreciated!
Thank you from us both.
Best Regards
Mr and Mrs X, Surrey