We need more support, plead firms
More than half of small and medium-sized enterprises polled in Yorkshire believe that Government support for small businesses isn't good enough, according to a new survey.
The figures are drawn from the quarterly UK Business Barometer, a survey of almost 600 small to medium-sized businesses across the UK. It is independently commissioned and published by Close Invoice Finance.
Ian Steward, managing director of Close Invoice Finance in the region, said: "A fifth of respondents in Yorkshire cited their main business concerns as bad debt, late payments and cash flow. So at a time when accessing finance is extremely difficult, it's hardly surprising that almost a quarter of these businesses want the Government to fine the banks for not lending and even less surprising that 20 per cent want them to set and enforce a minimum lending target."