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FDs see benefit of the recession

by Kevin Reed

More from this author

20 Apr 2009

Many finance directors believe the recession will benefit their business in the future.

Half of the FDs from medium-size businesses surveyed by Baker Tilly said the recession will see them better structured to take advantage of an upturn, particularly as less capable rivals disappear.

Around a quarter of companies surveyed are considering making acquisitions in the next 12 months.

But 35% of respondents are worried about the lack of financing available for their business, compared to 23% six months ago.

The firm surveyed 100 public and private companies across sectors, with turnover between £20m and £250m.

Further reading:

The FDs' FD: What can you sell?

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