Medium-sized UK businesses more optimistic than smaller firms
Medium-sized businesses in the UK are more optimistic about the future than smaller firms, according to the latest ‘Business Pulse’ Azets Barometer.
Azets, a top 10 UK accountancy and advisory firm specialising in supporting ambitious businesses and their owners, released the findings based on responses from 353 businesses across the UK in April 2024.
The survey reveals business leaders are cautiously optimistic about the next year, with respondents rating their economic prospects at 5.5 out of 10.
Peter Gallanagh, Azets UK Chief Executive, said, “It’s clear from this latest Azets Barometer survey that UK businesses are generally optimistic about the future and moderately confident about the UK’s economic prospects.”
The Barometer highlights a clear correlation between business size and financial confidence, showing that smaller firms in the UK are in a slightly weaker financial position compared to their larger peers.
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