The combination of war with Iraq, the falling stock market, and the perceived threat of terrorist attack, have left Britain’s small businesses feeling vulnerable according to new research from Bibby Financial Services. An over whelming two thirds of business owners and managers believe that the UK’s economic outlook is less than rosy.
Furthermore nearly half of those surveyed (45 per cent) feel that the global events of the past 12 months have had a negative impact on their business. These sentiments support the findings of a British Chambers of Commerce poll (February 2003), which found that over half of small business owners and managers fear that the war with Iraq will ‘hurt them a great deal.’
