SMITH & WILLIAMSON ENTERPRISE INDEX
Confidence holding steady among UK entrepreneurs
Guy Rigby considers what the latest Smith &
Williamson Enterprise Index results tell us about the
entrepreneurial engine of UK economic growth.
The Smith & Williamson Enterprise Index measures
entrepreneurial confidence in the economy. Now in its second year,
the initial benchmark was set at 100.
During 2014, our Enterprise Index respondents have maintained a
higher level of confidence than they felt through 2013. The Index
has remained in the 105- 109 range, with a closing reading of 106.2
in the third quarter of 2014. This shows a reassuringly steady
level of confidence despite the Bank of England signalling that
interest rates could start to rise later this year.
