Mg Rover's Collapse Casts Gloom Over Midland Boardrooms

Summary


Confidence levels among the directors of mid-sized businesses in the Midlands have slumped in the wake of the collapse of MG Rover.

According to a survey by Gresham, the regionally-based private equity house, 64 per cent of respondents said they were optimistic about their company's growth prospects compared with 82 per cent in January.

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Extract


Mg Rover's Collapse Casts Gloom Over Midland Boardrooms

On the other hand, the region is home to the strongest minority of boardroom optimists in the country.

A quarter of those polled by Gresham said they felt '...

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