Today the British Chamber of Commerce announced in its latest monthly report that:
- 33% of companies said access to finance was more difficult over the last three months, is is up 13% on the previous quarter;
- 3% reported improved access to finance – a drop from 6% a quarter ago.
This shows how fragile the SME community is in terms of long term planning and business survival – a damning situation for banks and the government alike.
Read on @ British Chamber of Commerce.