Though the vast majority see sustainability as important, millions of the UK’s small businesses could be struggling to understand and meet the demands of achieving Net Zero goals, according to research by Lloyds Bank.
Increased optimism about the wider economy amongst UK companies increased by five percentage points to 37% in May, the highest level for five years, according to the Lloyds Bank Business Barometer.
The number of UK sectors reporting output growth rose to pre-pandemic levels for the first time during April, according to the latest Lloyds Bank UK Recovery Tracker, as the third national lockdown restrictions began to be lifted.
A year on from the launch of the Bounce Back Loan Scheme (BBLS), almost one in three (29%) small and medium-sized businesses who took out a loan are not aware of the Pay As You Grow (PAYG)
Overall business confidence among UK companies increased by 14 percentage points to 29% in April, according to the Lloyds Bank Business Barometer.
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