57% of businesses looking to invest in staff, Skipton Business Finance survey says
57% of businesses are planning to invest in staff within the next 12 months, according to a recent survey conducted by Skipton Business Finance.
The survey involved businesses from varied sectors including manufacturing, engineering, recruitment, printing and logistics.
The data collected also showed that 34% of businesses plan to invest in marketing, 32% in new products or services and 30% in technology.
The last 18 months of uncertainty following Covid-19 pandemic has filled many business-owners with apprehension when considering the future of their businesses, leading to a general lack of confidence in investing within the business. This data presents a positive outlook from businesses and an insight into business confidence for the next 12 months.
This data comes at a time where there has been a recorded decrease in unemployment rates in the UK as job vacancies are now on the rise.
Greg Bell, managing director of Skipton Business Finance said: “The last 18 months have been some of the most challenging times for our clients,”
“We are very pleased to see that businesses that we work with are feeling confident about the future and are now looking ahead at investment following the challenges brought by the pandemic.”
The survey was conducted on invoice finance clients of Skipton Business Finance in August 2021.
