NatWest: Optimism high for mid-market businesses
A joint report from NACFB Patron NatWest, and Warwick Business School, reveals the challenges facing mid-market businesses the UK. The ‘Mid-market Britain: the view from the boardroom’ report surveyed 861 UK businesses, revealing 61% expect the UK economy and their sector to grow in the next 12 months with 67% anticipating an increase in their gross revenues and 63% expecting their operating profit to increase. Businesses exporting outside of Europe are significantly more optimistic, anticipating a 10% increase in the next 12 months compared with an expected 0.5% decrease expected by those exporting in the EU alone.
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