In a recent study, FIS, a US-based financial service provider and Fortune 500 company, analysed the performance of 4800 consumers and business executives on both sides of the Atlantic to assess the effects of market instability on a company’s ability to invest and innovate.
The report found that US firms are more susceptible to market volatility than their UK-based peers. Almost all of the US institutions surveyed (91%) reported a direct correlation between their reduced ability to innovate in their business and invest in new technology, and inflated interest rates. In the UK, 78% of the firms that participated in the survey expressed similar concerns.