Optimism ‘waning’ among SMEs

CONFIDENCE levels among small firms worsened slightly in the second quarter of the year, according to a new survey.

The latest edition of the quarterly business trends survey from small business lobby/representative group, ISME paints a largely negative picture — in that optimism is waning among SMEs and companies are continuing to shed jobs.

However, it added that the actual level of jobs losses amongst SMEs stabilised during the quarter, while the number of companies investing is on the rise.