Bibby Financial Services have released results from a poll it commissioned which shows that four in ten SMEs, including those in the motorsport sector, believe trading conditions are tougher now that they were during the pandemic. A third of respondents said the global economy is doing worse than it was after the 2008 financial crisis. Jonathan Andrew, chief executive at Bibby, said business owners “are battling with a cost-of-doing-business crisis on two fronts: significantly higher costs and monetary policy leveraged to tackle this primary issue."