Paul Smith Quoted in Manchester Evening News

The Greater Manchester Chamber of Commerce has released Q2 of its Quarterly Economic Survey, with results indicating that the Greater Manchester economy has slowed. Almost 350 businesses completed the survey which took place before the EU Referendum on June 23, 2016.

The survey results indicate the construction industry continues to look healthy after a weaker first quarter, but manufacturing and business-facing services are seeing little or no growth. Consumer-facing services continue to show resilience with growth still strong.

Paul Smith, managing director in the Debt Advisory practice at Duff & Phelps, commented: “The forces now lined up against small and medium sized enterprises within the city region post-referendum are significant. It will be critical for all to undergo a good financial health check and to do everything to build confidence and market share while the macro picture becomes clearer.”

Read the full article in the Manchester Evening News.

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