Enterprise confidence among the many UK’s SME producers has fallen sharply, as output and the quantity of latest orders declined within the three months to October 2022.
The CBI’s newest SME Tendencies Survey, primarily based on the responses of 262 small and medium sized manufacturing corporations, paints a stark image of the challenges dealing with the UK’s SME manufacturing sector, with enterprise optimism now having fallen for 4 consecutive quarters.
Companies reported a discount in each new orders and output volumes…
