SMEs still not confident about recovery

More than 80% of small and medium-sized businesses aren’t confident that the economy will experience a steady recovery.

That’s according to a new survey carried out by Close Brothers Invoice Finance, who surveyed almost 50 Irish firms as part of a larger study conducted on the Irish and UK markets.

Managing director of Close Brothers Ireland, Harry Parkinson said that a lack of confidence in the recovery of the economy is hampering firms’ growth.