Business confidence 'is quite high'

Confidence remains quite high among the UK's businesses, with companies optimistic about their prospects following the recession, it has been claimed.

According to a spokesman for the Forum of Private Business (FPB), businesses to be able to have "confidence and certainty" about the future in terms of emerging from one of the worst economic downturns in history.

His comments follow the publication of the latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM), which shows that companies expect to increase prices by 0.9 per cent in the next 12 months, which points to limited inflationary pressures.

The FPB spokesman commented: "Nonetheless, confidence does remain quite high. That is positive. What we need to do now is build upon the support for businesses in the UK, certainly in the Comprehensive Spending Review."

He added that focusing on measures which "free up entrepreneurship" will be key in the months ahead as the sales recruitment sector and other industries look to maintain strength.

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Posted by John Oak and Wayne Bly

Source: The Sales Director News