More than half of the businesses polled in Cornwall Chamber’s latest Quarterly Economic Survey (QES) expect profitability to grow.
The results of the Q3 survey, conducted for the chamber by PFA Research, show that 65% of respondents expect turnover to increase over the next 12 months, with 53% anticipating a rise in profits.
21% of businesses have increased their staff, with the same figure expecting to increase over the next quarter.
Chamber CEO, Kim Conchie (pictured), said: “The survey has thrown up an interesting fact that recruitment seems to be the biggest challenge in the Duchy, with 51% experiencing difficulties in recruiting clerical and semi skilled staff, obviously an area that needs addressing.”
To view the full survey findings, click here.