Latest report: 3rd September
The findings in this report are based on 122 firms responding to the GC Business Survey between 29th July – 3rd September
Summary of key findings
- The main impacts facing businesses are decreased sales (31% vs 38% previous month), business travel
to clients (32% vs 37%) and cashflow issues (25% vs 25%).
- 66% of firms report that they have cash reserves to last over 6 months,stable from 67% previously.
- The main challenges are currently seen as: getting access to new domestic sales opportunities (64% vs
66%), developing new products & services (41% vs 40%), developing your business model & approach
(38% vs 37%), managing the overall finances (40% vs 38%), and workforce and skills (31% vs 32%).
- 68% of firms (up from 66%) expect profits to increase, while 2% (down from 3%) expect profits to
decrease. The manufacturing and construction sectors were most likely to report an increase in
For more information on this survey please contact
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