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Rural sector confidence
5:45pm Wednesday 16th January 2013 in News
Business confidence in the region’s non-farming rural sector is growing, according to a leading countryside group.
The results of the latest CLA/Smiths Gore Rural Economy Index show that optimism for non-agricultural rural businesses is up with sales, profits, investment and employment expected to be higher in 2013. CLA North regional director Dorothy Fairburn said: “The outlook is positive for non-agricultural businesses.
“However, 55 per cent of rural businesses that use lending report that borrowing rates have worsened, which of course could slow their economic recovery.”