Sunshine and Showers

Sunshine and Showers

max temp: 15°C

min temp: 10°C

Search

Inflation and cyber crime among chief concerns for SMEs

PUBLISHED: 09:56 02 January 2018 | UPDATED: 09:59 02 January 2018

Matthew Peek, head of SME in the Anglia region for Barclays.

Matthew Peek, head of SME in the Anglia region for Barclays.

Archant

Cyber crime and rising inflation are the chief concerns for small businesses heading in to 2018, according to research.

Firms were most worried about the impact of rising inflation on their prospects in 2018, with 43% citing it as their biggest fear, according to Barclays’ Hopes and Fears Index.

The state of the overall UK economy, fraudsters and price inflation outpacing wage rises were also in the top five fears.

Meanwhile, consumer demand and availability of better technology were the main positives for firms.

Matthew Peek, head of SME for Anglia at Barclays Business Banking, said: “The research reflects small businesses being empowered by new technology and e-commerce. Compared with a year ago, more think these developments will have a positive impact on their business.”

He added there were positive signs for hiring and investment.

Search hundreds of local jobs at Jobs24

Solicitors claim they are being inundated with queries from people who gave their houses over to an Ipswich-based company, which has since collapsed.

A large-scale investigation has been launched into an Ipswich-based financial company

A baggage handler that was criticised over delays this summer has been replaced at Stansted Airport.

Imagine running a business with the mandate that customers pay whatever they feel like for the product or service you provide. Sounds like a utopian dream, or a fast-track to bankrupcy?

As the Secretary of State for Health and Social Care, you could say that being dyslexic hasn’t held Matt Hancock back in his life.

Management Jobs

Show Job Lists

Most read

Topic pages

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

MyDate24 MyPhotos24