Belfast Telegraph

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Small business confidence at 20-year low

Tuesday, 1 July 2008

The Irish Small and Medium Enterprises Association says business confidence among its members has hit a 20-year low.

ISME says hundreds of small companies have reported major downturns over the past few months, including serious reductions in sales and employment.

Almost two-thirds are less optimistic about their future than they were this time last year, with more than one-third anticipating less employment in the coming months.

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