Small business expects slowdown
Wednesday 18 October 1995
A survey commissioned by SBC Warburg showed that a balance of only one fifth of the 1,000 companies questioned were more optimistic than three months ago. Similar surveys in March and last September had more optimistic balances of 33 and 57 per cent respectively.
Darren Winder, UK economist at SBC Warburg, said: "The general weakening in economic activity evident in official statistics since earlier in the year appears to be affecting both small and large companies alike. Business optimism is very definitely on the wane at the current time."
Optimism on growth and orders fell most sharply among industrial companies where one in 10 businesses said they intended to reduce their workforces. In February one in seven companies expected to increase their staffing levels.
The survey covered more than 1,000 chairmen, chief executives or finance directors of quoted companies with market capitalisations of under pounds 320m.
Other findings included widespread discontent with current corporate governance guidelines; 73 per cent of companies considered that the cost of complying was not justified by the benefits gained.
- 1 Reyhaneh Jabbari: Iran due to execute woman for murder of her alleged attempted rapist
- 2 Sainsbury's '50p challenge' poster telling staff to encourage customers to spend more placed in shop window instead of staff room
- 3 Expert urges cat lovers to own just one animal each
- 4 Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
- 5 The Simpsons death: Creator Al Jean would 'kill himself' before character like Homer or Lisa
Expert urges cat lovers to own just one animal each
Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
Isis an hour away from Baghdad - with no sign of Iraq army being able to make a successful counter-attack
British man raped while urinating in bushes at Oktoberfest beer festival in Germany
Isis, we are told, is a 'clear and dangerous threat to our way of life'. I’m sorry, but I just don’t buy it
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
'Women, walk wherever you want' posters taken down in Stamford Hill following 'unacceptable' signs separating men and women
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Mark Reckless becomes second Tory MP to defect to Ukip in a month
- < Previous
- Next >
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...
£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...
Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...