Over seven in 10 small firms in the West Midlands say coping with the recession is the single biggest challenge facing their business in 2009, but many still plan to invest during this year, according to a new survey among SMEs.
Research conducted by the e-Innovation Centre (e-IC), which is based at the University of Wolverhampton, revealed that only 12 per cent of businesses said they were ‘more confident' about their outlook compared to six months ago, with 47 per cent saying they were ‘less confident'.
