South West firms feel the rough end of 2020 but there are high hopes for 2021

Firms across the South West had a tough end to 2020 with sales down and rising costs.
But the Covid-19 vaccine has prompted optimism for the year ahead, according to the latest PMI data from Natwest.
Private sector companies in the South West saw further declines in both output and new orders in December as the pandemic continued to dampen customer demand.
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