UK Businesses Remain Resilient and Growth-Orientated, Despite Economic Headwinds
March 25 2025
A new merchant survey by Elavon, a global payments provider, reveals that UK small-to-medium businesses (SMBs) are increasingly agile and adept at dealing with uncertainty, as they navigate an external environment which is increasingly hard to predict. The research, conducted in February ahead of the Spring Budget, highlights that despite fiscal challenges, a significant proportion of UK businesses remain positive about the future. Just over half (54%) express optimism about the UK's 12-month economic outlook, while 82% of businesses are confident in their ability to grow in this period.