We'd love to talk to you, so if you would like some more information please contact us. We look forward to hearing from you.

info@sturgessvandamme.co.uk

Telephone: +044 01275 349 011

Fax: +044 01275 349 368

SOUTH WEST SMEs SPLIT ON REGIONAL RECOVERY

Most small business owners in the South West are confident that the region is well-placed for economic recovery, according to a new survey.

The latest quarterly research from Clifton Asset Management (CAM) reveals that 54 per cent of businesses believe that the region is in a better position than the UK as a whole to emerge from the downturn – although this is unchanged from last time.

The most “pessimistic” parts of the country are the West Midlands and Wales, both on 17 per cent. Meanwhile 75 per cent of business owners in London felt the capital was better placed than the country as a whole to capitalise on a return to economic normality.  

“Our findings in the South West highlight the fact that 46 per cent of business owners remain generally pessimistic about the outlook in their area,” said Anthony Carty, director at Clifton Asset Management.

“While the region is by no means the most downbeat, it is worrying that confidence has levelled off at a time when the UK economy finally looks to be on the road to recovery.”  

ENDS                                   7th July 2010

For further information please contact Neil Fraser Sturgess Van Damme, on 01275 390 552 or email neil@sturgessvandamme.co.uk