The Federation of Small Businesses (FSB) has found that the small business confidence has hit the biggest low since the financial crash in 2011. The small business confidence was measured at -9.9, in their Small Business Index (SBI). The uncertainty that comes from Brexit is taking a toll on small businesses in the UK resulting in them being very unsure of what’s to come.
In the most recent study carried out by the Federation of Small Business (FSB), it was found that constantly rising operating costs are stalling business growth. The survey, which has over a thousand recipients, highlights the struggles of small businesses, as the number of small businesses reporting a rise in operating costs is nearly at a record high.