Two thirds of businesses are feeling optimistic about the future according to the latest survey by alternative finance provider, Time Finance. The findings come as the Bank of England upgrades its growth forecast to 7.25% for 2021 from 5% in better-than-expected bounce back results.
The Time Finance survey found that business owners were feeling ‘energetic’, ‘positive’, ‘excited’ and ‘hopeful’ as they look to the future. 1 in 3 business owners are planning a speedy return to the workplace to capitalise on demand as lockdown restrictions end, and 40% of which stated they are currently embarking on a recruitment drive to bring fresh talent into their firms.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.