Wednesday, November 21, 2012

UK companies buck universal optimism trend to see the bright side - 19 Nov 2012 - Financial Director Feature

UK companies buck universal optimism trend to see the bright side - 19 Nov 2012 - Financial Director Feature:


THE MOST RECENT SET of GDP figures from the Office of National Statistics confirmed that the UK economy has returned to growth, with initial estimates coming in at 1%. The figures represent the biggest rise in five years, but can this simply be attributed to the wave of positivity which swept the nation around big-ticket short term events such as the Olympics and Diamond Jubilee, or is there a genuine return to confidence for the UK economy and business owners' nationwide?
The results of the latest Sage Business Index survey - a global study of over 10,000 small and medium-sized firms including 1,300 in the UK - revealed that business owners in this country are feeling increasingly confident about their prospects and the future of the economy. This bucks a near-universal global decline in confidence amongst other business owners in their local country economies

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