New research has found that more than half of small and medium-sized enterprises (SMEs) from all across the UK are expecting their business to grow over the next three years.<\/p>\n
The news comes despite a backdrop of political uncertainty casting a shadow over the UK, in the wake of the recent General Election and Britain\u2019s upcoming departure from the European Union (EU).<\/p>\n
In comparison, only ten per cent of British businesses are expecting to downsize over that same period, insurance company DAS UK Group\u2019s latest SME Market Barometer<\/em> has revealed.<\/p>\n This suggests that the majority of UK SMEs are feeling confident ahead of Brexit now that negotiations are firmly underway.<\/p>\n However, the study also noted that SMEs appeared to have encountered an unusually high number of legal issues in recent months.<\/p>\n In fact, DAS UK Group\u2019s study revealed that the average UK SME faced at least two legal issues in 2016 on average.<\/p>\n The top legal issues faced by businesses included late payments, tax and pension disputes and business contract disputes, the report found.<\/p>\n James Henderson, managing director of insurance at DAS UK Group, said: \u201cIt was interesting to note the level of business confidence amongst SMEs [in our study], despite the economic uncertainties surrounding Brexit and what any deal will look like.\u201d<\/p>\n However, he voiced concerns that an increasing number of SMEs are facing legal challenges which may leave them out of their depth.<\/p>\n","protected":false},"excerpt":{"rendered":" New research has found that more than half of small and medium-sized enterprises (SMEs) from all across the UK are expecting their business to grow over the next three years.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1913"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1913"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1913\/revisions"}],"predecessor-version":[{"id":1914,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1913\/revisions\/1914"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}