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Economics, government & businessBusiness performance

They know nothing

by Personnel Today 19 Apr 2006
by Personnel Today 19 Apr 2006

Many UK business managers are clueless when it comes to understanding finance, according to a survey.

The poll, by online market research company YouGov, found that 68% of all managers surveyed said they had received no formal financial training.

The figure was higher for respondents in the Midland and Wales, where 76% said they had had no formal instruction in financial matters.


Fifty per cent of those polled manage annual budgets of between £25,000 and £1m.




 

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