Feeds

Small businesses cheer on economy

Smile darn ya smile

3 Big data security analytics techniques

British small businesses are getting bullish about the future - nearly three-quarters of them are increasingly confident about the economy.

A survey of small businesses from Barclays Commercial found 57 per cent of respondents said they were "hopeful" about the economic outlook and a further 17 per cent were "excited" about prospects. Only 11 per cent said they were worried.

As for future growth of their businesses, 15 per cent said this would happen within six months and 26 per cent said it would happen within six to 12 months. An impressive 29 per cent said their firm was continuing to grow right now.

Only five per cent believed it would take longer than 18 months to move back into sustained growth.

Ian Stuart, managing director of Barclays Commercial Bank, said confidence was an important part of recovery even if we are still some way from a full economic recovery.

Barclays surveyed about 3,000 small businesses across the UK.

Meanwhile, across the pond US executives at larger tech firms believe the technology industry will come out of recession before the rest of the economy.

In Silicon Valley 77 per cent of respondents expect the tech sector to recover first. Eight out of ten believe the industry will return to growth in 2010.

Tudor Aw, head of tech at KPMG, said: "This optimistic outlook in the US bodes well for UK tech players, as the US is very much a bellwether for the global technology sector. Enterprise focused technology sector players have largely held up well in the downturn."

The survey, from KPMG, spoke to 130 "C-level" executives. 33 came from firms with revenues above $1bn, 22 between $250bn and $1bn and 75 work for companies turning over less than $250m. ®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.