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Base rate plateau risks stifling growth, say small firms

Base rate plateau risks stifling growth, say small firms

by Tracey Carter | J Jun, 2024 | Economy Growth, FSB News

Following the decision by the Bank of England to hold the base rate at 5.25%, Federation of Small Businesses (FSB) National Chair Martin McTague said: “Yet again, the MPC has opted to stick instead of twist, a move which was widely predicted but which is no...
Base rate plateau risks stifling growth, say small firms

South East Small Business Index (SESBI)[1], which measures confidence amongst businesses, has increased since the last quarter

by Tracey Carter | J May, 2024 | Economy Growth, FSB News

[1] The South East Small Business Index is a weighted index of the responses to the question: ‘Considering your overall business performance, and ignoring any normal seasonal variations at this time of the year, how do you view business prospects over the next three...
Base rate plateau risks stifling growth, say small firms

Rise in small business confidence could signal end of recession, new report finds

by Tracey Carter | J May, 2024 | Business Trends, Economy Growth, FSB News

The headline confidence reading jumped up over 20 points, to reach +5.5 points in the first three months of 2024. Manufacturing was the most positive sector at +19.2 points. This is a good indicator that the shallow recession recorded at the end of 2023 is firmly in...
Base rate plateau risks stifling growth, say small firms

Inflation fall eases off the heat for small firms

by Tracey Carter | J Apr, 2024 | Economy Growth, FSB News

Responding to news that CPI rose by 3.2% in the year to March 2024, down from 3.4% in February, Tina McKenzie, Policy Chair, Federation of Small Businesses (FSB) said: “March’s fall in the annual consumer price inflation rate takes some more of the heat out of rising...
Base rate plateau risks stifling growth, say small firms

FSB Press Release – GDP rise is good news – but small firms need more than flashes of growthFSB Press Release

by Tracey Carter | J Apr, 2024 | Economy Growth, FSB News

Responding to Office for National Statistics figures showing that GDP rose by 0.1% in February 2024 compared with the previous month, Tina McKenzie, Policy Chair of the Federation of Small Businesses (FSB), said: “Positive economic growth in February is certainly...
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