Confidence levels among smaller firms in the South West have stalled, according to the Federation of Small Businesses (FSB).
The FSB said its latest quarterly survey of local business positivity showed confidence, which had seen an upsurge was “short-lived” and had dipped slightly.
The new figures – taken after FSB members and guests took part in the survey in the first week of July – showed concerns about the economic situation remain “very difficult” for many small business owners and the self-employed. SMEs cited a concern about the economic situation, sluggish consumer demand and rising costs.
However, despite the headline fall in confidence small business said they …
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