Member Article

Yorkshire firms ahead of UK business confidence in run up to General Election

Yorkshire businesses are heading into election year with confidence higher than ever, according to the yearly business confidence report from workplace provider Regus.

Based on the views of over 180 business owners and senior managers, the ninth edition of the Regus Business Confidence Index (BCI) which is based on actual performance over the last 12 months reveals a 3 point rise from 123 points to 126.

This is higher than the UK average of 124 points.

The results paint a picture of positivity and growth as Yorkshire gears up for the 2015 general election. The report reveals that 64% of businesses saw an increase in revenues in the past year, and 59% saw profits rise.

Richard Morris, UK managing director at Regus, comments: “Businesses in Yorkshire do not seem concerned with 2015 election uncertainty – far from it. These are some of the most robust business confidence figures we’ve ever announced.

“Clearly, flexible ways of working – particularly in relation to the physical workspace - are playing a significant role in this local success story.

“Companies are managing growth carefully, with many recognising that full-time, permanent office space with its associated long-term leasing is no longer the only option.

“Remaining agile helps business secure and retain top talent, and keeping overheads low is vital to sustainable business growth.”

This was posted in Bdaily's Members' News section by Clare Burnett .