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|GDP comment - Huge opportunities ahead for the nation’s SMEs - Hampshire Trust Bank|
|Tuesday, 28 July 2015|
Mark Sismey-Durrant, Chief Executive Officer of Hampshire Trust Bank, responds to the increase in GDP:
“The UK economy has well and truly bounced back, with today’s announcement acting as a clear indicator of growing consumer and business confidence. As business confidence translates into growth, there are huge opportunities ahead for the nation’s 5.2 million SMEs. Today they represent almost 50% of our economy and we believe it is essential that in light of improved conditions, they seek appropriate financial support and guidance from both government and industry, to achieve their aspirations. With lending rates at record lows and the recent increase of the annual investment allowance, this is a good time for ambitious businesses to move forward.”
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