"UK business confidence has been on a rollercoaster ride over the last three months, but mid-market firms rounded out the quarter in a solid position,"
"It's encouraging to see businesses reporting signs of cost pressures starting to ease, hopefully setting the scene for stronger growth into 2026."
"The resilience and adaptability of the UK's mid-market firms is clearly demonstrated, as they continue to drive growth even as broader market conditions remain mixed."
"While challenges persist, particularly for SMEs, it's encouraging to see that mid-market businesses are showing elevated growth expectations and responding positively to easing cost pressures."
The mid-market index fell from August's 56.4 to 51.6 in September, indicating slower but still positive growth. The broader UK private sector registered 50.1, remaining close to neutral. Services drove mid-market expansion with a 52.6 reading, the weakest growth in four months. Manufacturing contracted at a 46.4 reading, the fastest decline in ten months, amid supply chain and demand headwinds. Firms employing 50–500 people continued to outperform smaller and larger peers. Some firms reported new customer wins and recovering demand, while subdued investment and soft consumer spending constrained momentum. Cost pressures showed signs of easing and growth expectations remained elevated toward 2026.
#mid-market-firms #private-sector-growth #services-expansion #manufacturing-contraction #cost-pressures
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