FDs see benefit of the recession

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

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