Business confidence among UK tradespeople is now at its highest level since July 2018, according to research released by Screwfix.
Screwfix’s Business Confidence Index found increases in the percentage of tradespeople busier than expected, in those preparing more quotes than 12 months ago, and those who say business activity is better than last year.
The Business Confidence index has risen to +35 from +33 in May and +5 in January. This measure is now at its highest level since July 2018.
The only measure not to rise in June 2021 was the proportion who think their business activity will improve in the next 12 months, however.
Reported workloads remain high with 86% of the trade now working, it found.
John Mewett, CEO of Screwfix, said: “Not only have tradespeople continued to work throughout the last 18 months, but it’s clear many of them have confidence for their businesses for the future, with our Index showing optimism is at its highest level for three years.
“This is very encouraging. To ensure we play our part in helping our customers get their jobs done and make the most of their business opportunities, we continue to expand our store network by opening at least 50 UK stores this year, bringing Screwfix closer to even more tradespeople.”