Growing business confidence encouraging, but SME workers still bearing the brunt of challenges

If you are writing about the Lloyds Bank Business Barometer results, Rob Marshall, Managing Director at WorkLife by OpenMoney, commented: “After an extremely challenging few months, it’s great to see another tentative increase in business confidence. But with the numbers sitting way below the historic average, we cannot ignore the fact that many continue to struggle – with smaller businesses bearing the brunt.

“And things aren’t looking much rosier for their workers, with countless people facing cuts to pay or hours as their employer strives to stay afloat. For those being forced to take such measures, it’s vital they are looking at additional ways to support these employees, such as incorporating free financial advice or mental health support into their benefits package. Even simple things like discounted shopping vouchers can be a huge help to people in times like these.”