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Novuna Business Finance research reveals fall in percentage of UK small businesses working on new initiatives to unlock future growth
The tracking study of a representative sample of 1,000 small business owners also revealed significant sector falls compared to Q1 2025 in manufacturing (down from 83% to 69%) transport and distribution (down from 76% to 73%), real estate (from 72% to 44%), and media (falling from 86% to 61%).
Significantly, over the last decade, the Novuna Business Finance data has revealed that low-points in small business growth forecasts were usually offset by resilience for the longer term, with enterprises usually working on longer-term initiatives to secure future growth. This quarter, and for the first time, there are falls on both counts.
Of those businesses working on initiatives to unlock future growth potential, the most common steps taken were largely defensive measures to control costs and cash flow. Initiatives backed included: keeping fixed costs down (58%), improving cash flow (31%) and tackling late payment (25%).
The expansive initiatives that UK small businesses were most likely to be working on included: hiring more people (17%), investing in new machinery and equipment (16%) and expanding into new overseas markets (16%).
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View original content:https://www.prnewswire.co.uk/news-releases/novuna-business-finance-research-reveals-fall-in-percentage-of-uk-small-businesses-working-on-new-initiatives-to-unlock-future-growth-302519525.html