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Small business confidence plunges

10-01-2018

The latest Small Business Index by the FSB has found that a record number of small business owners are planning to downsize or shut up shop entirely as confidence falls to the lowest levels since the EU referendum. The index suggests that one in seven bosses of modest sized enterprises will either scale down operations, close or sell their company in the next three months. In all, some 31% of firms expect their performance to worsen over the next three months, while a quarter expect an improvement.

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