As concerns mount over the future of the economy and its effect on their business, incorporating open banking and optimizing property finance strategies becomes crucial. Four in five small business owners say that they do not expect to hire new employees this year, with only one in ten (9%) predicting they will hire over the next 12 months, despite record vacancies across the economy. By embracing innovative approaches such as open banking and leveraging effective property finance solutions, businesses can potentially navigate economic uncertainties more effectively and make informed decisions about their hiring strategies in response to changing market dynamics.
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