A professional business body is calling on the government to "restore confidence" to businesses in South West as firms continue to struggle with rising costs and late payments.
The Institute of Chartered Accountants in England and Wales (ICAEW) has released new data that reveals business confidence in the region has continued to weaken despite companies reporting healthier sales performances.
According to the ICAEW, South West firms are facing difficulties with staff turnover, late payments and a sharp rise in costs, even though the outlook for sales and exports is among the strongest in the UK.
