A recent survey by Bibby Financial Services shows that the majority of the small and medium-sized enterprises (SMEs) in the North West of England are planning to invest in their business.

The FSB Wales Voice of Small Business survey shows that many Welsh firms are also planning capital investment in the next 12 months.

Of the 1,000 firms surveyed in the North West, 57% said that they planned to invest during the next few months. A quarter of them are hoping to attain new technology and equipment, while 18% aim to recruit more staff. Nearly 25% are investing in staff training.

In Wales, confidence is clearly lower, but 28% said that they were planning some sort of capital investment in the next 12 months. This is up on the previous quarter, when only 10% of Welsh businesses were planning capital investment. The number of firms in Wales planning capital investment is at the highest point since the index began in 2008.

Welsh companies are also recruiting more than they were earlier in the year. Of the business owners questioned, 5% said that they planned to add to their workforce in the next 12 months and 23% of them were positive about the future.

At DJB, we specialise in asset finance solutions, which are accessible to all kinds of firms regardless of size or sector. We offer fast ways for enterprises to get the finance that they require for growth, without the need for a long and time-consuming application process.

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