A number of South West business are adapting their strategies to navigate financial challenges over the next six months.
A study from HSBC UK found that a third (36%) of UK businesses plan to alter their approach, with 29% stating that they had to adapt their business strategy over the past five years to survive.
HSBC, which recently announced that it is set to relocate to a new South West headquarters in Bristol, has launched its latest SME fund alongside these findings. The bank will provided a dedicated £400,000,000 lending fund for small and medium sized businesses in Bristol and Bath.