SME Confidence Tracker Q1

SME Confidence Tracker Q1 2018

Quarter 2, 2018
Man working with machine

Research reveals UK business confidence levels in Q1, 2018

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

It features an SME Confidence Index statistic compiled by equally weighting sales performance over three months with expected sales performance over the three-month period ahead.

Below are highlights from the Q1 2018 report which is available to download for free.

Download report
Building detail

Key findings in Q1 2018

  • SME confidence rose by six points from 58 in Q4 2017 to 64 in Q1 2018
  • 50% of SMEs expected sales to increase in Q2 2018, up 13 per cent on Q1 2018
  • 73% of SMEs expected to invest in Q2 2018
  • 43% of SMEs said uncertain economic environment and Brexit was holding back investment
  • 53% of SMEs had experienced issues when hiring skilled staff
Email Icon

Interested in more business news and insights?

We care about the protection of your data. read our Privacy policy

Related Content


Business resilience being put to the test

Our latest SME Confidence Tracker findings highlight an array of challenges facing UK PLC in 2023.

SME finance options in 2023

There are ways for SMEs to optimise how they do business. One way is for businesses to find ways to leverage their access to different forms of finance.
SME business

Profitability on a knife edge: 2.1million UK SMEs are ‘just about breaking even"

More than a quarter of businesses have written-off money owed by customers in the past year

Are you looking to improve your cashflow?

Complete our funding matcher to see if we can help
Get Started