Businesses in Streatham are looking forward to an upturn in trade next year.

That is according to research released by BT to coincide with the launch of Small Business Week.

The report questioned 1,000 company managers and bosses in the capital. It also revealed that 61 per cent of the city’s firms remain confident or very confident about their own business prospects. The survey also highlighted the importance of technology in reducing costs and increasing efficiency and competitiveness.

Peter Jones of Dragon’s Den fame said the economy had recovered well after “bottoming out” in May, and small firms should be optimistic about their chances of battling their way out of the recession.

All of which is positive news for small businesses in Streatham.