The December survey asked about pay settlements, investment in physical assets and in training, late payment and two issues with a Christmas theme.
166 respondents were drawn with the following population characteristics:
Although small firms are allowed to charge interest to firms of any size on the late payment of commercial debts, many do not do so. Even the inclusion on invoices of a statement about the recovery of interest on late payment is not regarded favourably by many - only 27% of respondents thought it might have a positive outcome for them in any way:
Over the last three months more businesses expanded or were static than declined, and the overall growth averaged showed an increase, mainly in the services sectors. . Looking forward, the average expectation is for increased growth except in the distribution sector.
Comments are listed under sector headings.
Views expressed are those of individual panellists and may not represent those of the University.
We are finally seeing good sales growth in our niche IT services sector that has led us to taking on staff. The job market is so vastly different than 18 months ago, lots or good quality people and significantly lower salaries.
Web site enquires have increased markedly during the last two months
email@example.com / Tel: 0115 84 66860.