Small and mid-cap positivity wavers as outlook on UK economy declines

28th June 2019

Email a Friend

The latest edition of the QCA/YouGov Small & Mid-Cap Sentiment Index reveals that small and mid-cap companies remain positive about their own prospects but this optimism is at its lowest point since 2012.

Outlook on the UK economy is uncertain – with a mean rating of 48.5 from companies (where 50 is completely neutral). This sentiment has declined steadily since peaking in 2014 at 69.3.

Many companies cite Brexit and political uncertainty as continuing to contribute to the neutral outlook on the UK economy. 

Other key findings:

  • 76% of small & mid-caps are expecting to increase jobs, but 19% anticipate decreasing employment – up from 10% six months earlier.
  • 37% of surveyed companies are planning to raise capital - down from 47% when asked six months earlier. 
  • Companies predict average sales growth of 17%, down from 19.2% a year earlier.

QCA See the full results of the Small and Mid-Cap Sentiment Index (Q2 2019)

 

Join Now

  • Gain access to investors
  • Benefit from our campaigns on key policy issues
  • Receive discounts on best practice guides
  • Connect with other members of the sector at our events
  • Stay ahead of the issues with up-to-date news and information
Join now

Newsround

Newsround is the QCA's monthly newsletter produced for the small and mid-cap community.

Sign up