SMEs positive on 2020 Q4 conditions

Research by Hitachi Capital (UK) PLC Business Finance has found that 73% of SMEs believe that conditions will either improve or stay the same during Q4, an increase of three percentage points on the previous survey. The poll saw 27% of smaller firms say they foresee growth in the period, up from 14% during the lockdown but down on the 36% in a poll before the outbreak. Jo Morris, Head of insight at Hitachi Capital, said: “Our data suggests small businesses are reacting positively to the current circumstances”.