Recession hits bosses at home

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Half of all owner managers of small and medium sized enterprises in Yorkshire say their personal lives are suffering because of the recession, according to a survey by Close Invoice Finance.

Ian Steward, local head of Close Invoice Finance said: “Ninety per cent of business owners in Yorkshire and Humberside said they believe this recession still shows no sign of abating and more than a tenth said that their trading conditions have worsened over the last 12 months.

“Looking at the statistics, it’s not really surprising that all this fear and uncertainty is having a negative effect on bosses’ private lives, knocking their work-life balance off kilter and affecting their health.”