The Vistage CEO Confidence Index indicates a slight increase in sentiment among UK and Irish SMEs, although leaders face a range of challenges, including post-Brexit trade dynamics and AI adoption difficulties. While 55% anticipate higher sales, only 43% are confident in profitability, and concerns persist regarding competitiveness. A significant portion of leaders plans to raise prices due to inflation but lacks clarity on AI strategies and the ability to recruit skilled talent. Overall, economic uncertainty and leadership fatigue contribute to a complex and cautious outlook for SMEs in these markets.
The latest Vistage CEO Confidence Index reveals a mixed sentiment among UK and Irish SME leaders, who are both cautiously optimistic and facing significant challenges.
While over half of the SME leaders are anticipating higher sales, fewer are confident in profitability, indicating a complex outlook for the sector.
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