British companies are nervous in regards to the influence of monetary uncertainty on their companies over the following 12 months, in response to a brand new survey, with rising inflation, power costs and uncooked materials prices elevating issues.

The analysis by Marsh, an insurance coverage dealer and danger advisor, discovered that 31% of companies are involved about worker well being and well-being, and 23% are nervous about provide chain disruption.

The information was collected in Might and June this yr, from greater than 2,100 companies with annual turnover of between £100,000 and £500m.

Whereas monetary uncertainty is probably the most regarding situation for UK companies, solely 34% of respondents cited it as a major concern, down from 43% in 2021.

Extra positively, half of respondents anticipate a rise in productiveness, 47% anticipate a rise in turnover and 46% anticipate a rise in profitability.

Learn extra: Funding Circle finds SMEs resilient regardless of challenges

“The UK danger atmosphere during the last yr has been closely impacted by macroeconomic modifications, in addition to the trickle-down results of geopolitical occasions,” commented Alistair Fraser, CEO, industrial and company at Marsh UK.

“From sole merchants and fast-growing corporations to massive established corporates, no industrial entity within the UK is exempt from requiring a strong method to danger administration. This report tells a narrative of the very broad spectrum of dangers going through UK companies and gives sensible recommendation on how one can sort out them, serving to strengthen the resilience that they should develop with confidence.”

Learn extra: UK SMEs stay bold amid uncertainty

Though companies are working in a tough atmosphere, almost half of the respondents additionally anticipate to extend capital funding over the following 12 months. Small and medium-sized companies are probably the most assured of their future prospects, whereas microbusinesses are extra cautious.

With many companies persevering with to speculate for development regardless of the difficult market circumstances, there might be elevated alternatives on the horizon for different lenders as properly.

Nevertheless, a current report from SME funder Praetura discovered that 59 per cent of such companies struggled to entry financing within the final 5 years. And 46 per cent of small companies see entry to finance as one of many greatest challenges they face.

Learn extra: SME funding hole: Companies unable to entry development finance