|CBI trends survey: output and orders for Britain’s SMEs on the rise
The Confederation for British Industry (CBI) has released its latest SME Trends Survey covering April, May and June 2014. The findings show that orders and output have risen for the fourth consecutive fiscal quarter: 36 per cent of small and medium-sized manufacturers reported a rise in orders and 31 per cent of firms reported increased output. And business optimism continues to rise: 31 per cent of surveyed SMEs report they are more optimistic about their business situation than before.
To ensure that British business remains on this positive track for Q3, CBI’s Deputy Director General Katja Hall emphasised the importance of supporting SMEs, especially when it comes to exporting: “We need the Government to get behind our small and medium-sized manufacturers to help them to sell their products and services to new markets around the world, giving a sustainable boost to long-term growth.”
Click here for CBI’s full press release, including additional metrics and assessment.