A survey of SMEs carried out by Haines Watts of over 1000 business owners, has highlighted that, despite operating in a difficult economic environment, many UK SMEs are looking to grow.
The survey showed that 44% of businesses surveyed have achieved positive growth over the past three, tough, years. Another third remained the same.
The survey confirmed that most of this growth (52%) has been achieved within the UK, although there are strong signs that enterprises are also looking at overseas opportunities, particularly in Europe, but also in North America and Asia Pacific.
This is good news for the Confederation of British Industry (CBI), which has upgraded its economic growth forecast for the UK in 2014 to 3.0% from its previous 2.6%, stating that it expects to see marked improvements in business investment and productivity.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.