13% of businesses considered closing in last quarter

84% of senior decision makers from British SMEs are concerned about current economic conditions.

The SME Risk Index, polled by YouGov, showed the highest level of concern was in the construction industry (93%), followed closely by manufacturing businesses (88%) and retailers (85%).

Furthermore, 13% of businesses have stated that they have considered closing down in the last quarter – up from 11% in the quarter before.

Finally, the research suggests that the London 2012 “boost” did not materialize, as 79% of respondents said the Olympics had no impact on their business.

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