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Business turnover at a two-year high

April 20th 15:12 Cost Management 

Businesses in the UK that are using effective facilities management as a way of reducing their operating costs could be among those to be encouraged by the details of a new report.

Figures recently released by Bibby Financial Services have revealed that small businesses in the UK experienced their highest turnover in more than two years in March.

The latest Business Factors Index from the firm stood at 108.1 last month, the highest reading since October 2007.

Edward Rimmer, UK chief executive at Bibby Financial Services, said: "While the latest Index reading matches levels not seen for more than two years, it actually only gained an average of 0.5 points over the first quarter of this year.

"That said, March's rise has bought about a sense of renewed optimism and it is encouraging to see so many firms feeling upbeat about an improvement in trading conditions over the course of 2010."
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