Western Union Business Solutions’ International Trade Monitor (ITM), published today the results of their 3rd quarter survey.
Key findings include:
• Confidence in the UK economy hits 68%, the highest number on record
• Confidence amongst SME manufacturers outpaces that within the retail sector
• Concerns about the Eurozone and Government austerity measures fall
• Trade with emerging market falls slightly; expectations of increased trade with Europe rise
• Credit outlook eases
The ITM is a quarterly survey of over 660 UK SMEs, all engaged in international trade, and provides key insight on international trade and economic conditions for Britain's small and medium-sized businesses.