Mid-market growth expectations plummet

The latest survey finds that mid-sized businesses are less confident in their future performance than they were earlier in the year

New research from Grant Thornton UK LLP’s latest business outlook tracker finds that profit growth expectations in the mid-market have plummeted to an annual low.
Only 33% of 601 mid-sized businesses surveyed in early December expect to see an increase in profits in the next six months, a significant reduction when compared to July (67%). This is a low not seen since March, and is the lowest level recorded by the Tracker this year.

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