UK Small Businesses Less Optimistic About Growth, Confidence at Five-Year Low

Small businesses in the UK are less optimistic about growth, with confidence hitting a five-year low. London sees a significant drop in growth predictions, while other regions like the north-east, West Midlands, and Scotland also experience declines. Novuna Business Finance’s study tracks forecasts from over 1,000 small business owners. Seasonal sectors like agriculture and hospitality report sharp falls in growth outlooks. Workplace concerns are causing sleepless nights for 82% of UK small business owners, up from 75% a year ago.

Read more at Yahoo Finance: UK small business growth forecasts hit lockdown levels: Novuna