Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
Your Shopping Basket
Total number of items: 0
Sub total: £0.00
Go to Checkout
Our Birmingham Shop
Our Bristol Shop
Animators Survival Kit

Business confidence 'signals end of recession'

25th August 2009

Business confidence is improving in what is considered a sign that the 'recession is at an end', a new survey has found.

Professional confidence has moved into positive territory for the first time in two years, the Institute of Chartered Accountants' (ICAEW) Business Confidence Monitor has revealed.

The ICAEW also indicated there will be 0.5 per cent GDP growth in the third quarter.

Michael Izza, chief executive of the ICAEW, claimed that there is 'no doubt' the UK economy is on the mend.

He said: 'Businesses have taken the right actions to mitigate the impact of the downturn and are playing their part in an improving economy.

'Policies such as quantitative easing, the fall in interest rates and the VAT reduction have all helped improve business confidence.'

Business confidence increased by the second consecutive quarter across all regions, with the highest rises in Wales and Scotland, followed by the north of England.

Chancellor Alistair Darling has made a more cautious assessment of the UK's recovery, underlining the importance of banking sector stability.

Latest Blog
The Lost City of Z and other Explorers' Tales
23/03/2017

As the film is released of The Lost City of Z, we take a look at other Explorers' Tales. Plus, see some footage from the film intercut with readings by Charlie Hunnam from The Lost City of Z.

Sally Emerson Relives Her Life
21/03/2017

Are the novels Fire Child and Heat still shocking? They certainly are, says their author Sally Emerson, six of whose novels are being republished this year.

How Eating Well can lead to Living Better
20/03/2017

Myles Hopper describes how and why the pair became preoccupied with healthy eating.

View all Blog Entries
Twitter
Show/Hide Tweets
© W&G Foyle Ltd