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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


Download the Bibby Financial Services 2016 Q4 SME Confidence Tracker report



Download the infographic for the SME Confidence Tracker

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

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