Business confidence surges but recovery remains ‘brittle’, survey suggests
by @cityam
@cityam— The UK economy has recorded growth in both January and February, making it overwhelmingly likely that last year's shallow recession is already over.
@cityam—London business confidence falls fast but economy as a whole remains optimistic. "Businesses are feeling increasingly confident about the economy, coinciding with falling inflation and hopes that interest rates will start to fall this year," Hann-Ju Ho, senior economist at Lloyds said.
@cityam—Why we should be cautious about rising business confidence. A number of surveys have said that business confidence in the UK is on the up and the economy is set to rebound. But dig a little deeper, the news might not quite be as rosy as it sounds, Chris Dorrell writes
Forex Factory—Business confidence falls in April. In the manufacturing industry, the loss of confidence after two months of gains was mainly due to a significantly less encouraging assessment of stock levels and a sharp downward revision of demand expectations. On top of this, employment expectations were also downgraded, but to a much lesser