UK Entrepreneurs Optimism Index

by Startacus Admin
The current economic climate of the UK is extremely conducive to the creation and growth of new businesses; that's according to the first ever Entrepreneurs Optimism Index report by Major Law Firm Bircham Dyson Bell.
Their research, which included a survey of 279 entrepreneurs, was intended to provide a quantifiable indication of the overall state of enterprise confidence amongst business leaders in the UK at the moment. With no previous findings to be use as a benchmark, it is impossible to say if their conclusions represent a positive change, on the face of it, their reportings would certainly seem to indicate a fairly decent short term outlook!
For example they found that some 56% of companies have experienced an increase in revenue over the past 3 months and that 64% of entrepreneurs have managed to raise additional funding during this same timeframe. Other figures released suggest that this boost within the financial aspects of enterprise is increasing confidence in other areas too, with 92% predicting that they will be profitable within the next two months, over 50% intending to increase headcount over the coming months, and 74% saying that they would be confident in starting a new business within the current economic environment.

85% sourced private investment while the remaining 15% utilised government funding, shareholders and crowdfunding.
Hollie Gallagher, head of the entrepreneurs team at Bircham Dyson Bell, said:
“Our inaugural Entrepreneurs Optimism Index shows an incredibly positive outlook amongst the business community, which is now experiencing growing profitability, increasing customer demand and higher employment.
“Interestingly, from the research and speaking to our clients, we have seen that business leaders are not confining themselves to starting and running a single business – they have continued to innovate and explore, treating their entrepreneurialism as providing a job for life.”
Will the economic blue skies continue to brighten as we head towards winter? Or will Autumns tempestuous nature reflect in all things fiscal?
Perhaps it’s a tad early to be putting the brollies away just yet!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.

Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.

The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.

John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.

The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.

Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.

Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.

London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.

The lowdown on Dublin-based startup and NUI Maynooth spin-out Neuromod Devices and its innovative evidence-based bimodal neuromodulation treatment for chronic tinnitus.

With the clear shift towards generative AI, Richard Hayes, search director at digital marketing agency Catalyst explores what it means for SEO...
Published on: 21st September 2015
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.