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What is the SME Confidence Tracker?

The SME Confidence Tracker surveys over 1,000 of the UK’s small and medium sized businesses on a quarterly basis. The Tracker charts the confidence of owners and senior decision makers of businesses in manufacturing, construction, wholesale, transport and services sectors.

Key findings

  • SME confidence fell to its lowest level since Q1 2014
  • 31% expect to see sales growth over the three months ahead, down from 44% in Q3
  • Average payment times have reduced marginally to 37 days
  • More than one in four SMEs suffered from bad debt over the past year, writing off an average of £15,728.61
  • The proportion of businesses concerned about rising costs has more than doubled to 22%
  • Average planned investment has halved from £101,919 in Q2 2016 to £49,237 in Q1 2017

Report

Download the Bibby Financial Services 2016 Q4 SME Confidence Tracker report

infographics

Infographic

Download the infographic for the SME Confidence Tracker

Subcontracting Growth report

Download our insightful report into the Construction industry from the perspective of 250 subcontractors

Latest news

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