Business confidence records fastest growth among South-West businesses, report suggests

Business confidence in the South West rose by 22 percentage points during April, the highest increase across all UK regions and nations, a recent market research report has been able to suggest.

The Business Barometer from Lloyds Bank Commercial Banking found companies in the South West reported higher confidence in their own business prospects month-on-month, up 27 points at 26 per cent.  When taken alongside their optimism in the economy, up 17 points to 34 per cent, this gave a headline confidence reading of 30 per cent.

When it comes to jobs, a net balance of 1 per cent of businesses in the region expect to increase staff levels over the next year, up 9 points on last month, the first net-positive reading since March 2020.

Overall UK business confidence surged 14 points in April to 29 per cent, the highest reading since September 2018. The result follows the reopening of outdoor hospitality venues and non-essential retail and personal services providers in England and comes ahead of further lockdown restrictions easing in Wales and Scotland.

Time & Attendance South West – Your Workforce Management Experts

Every company that plans to take on more staff in a solid and sustainable manner should also consider the implementation of a solid and reliable workforce management system, and this is exactly where Time & Attendance South West can help.

Whether we’re talking about simple access control solutions or more complex systems, also including extensive Time and Attendance features, Time & Attendance South West has the necessary expertise to provide customers with a complete and comprehensive bespoke solution, that will perfectly fit their requirements.

Our advanced smart card time and attendance system includes European Working Time Directive checking and reporting, ensuring that your company remains compliant with both regional and national legislation.

Furthermore, the system also offers a series of additional features employers would certainly find handy, such as Weekly Clock Card, Payroll Summary, Absence Summary, Fire Roll Call or Shift Swapping.

If you’d like to find out more about the extensive range of solutions supplied by Time & Attendance South West, just get in touch with our dedicated product team, they’ll be more than happy to answer any and all queries you might have.