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Monday, 26 November 2012

Business confidence returns to service sector

Business confidence is increasing among the UK's services sector, according to a new industry survey.

The Confederation of British Industry's (CBI) quarterly report has found that more tertiary companies in the country are now more optimistic than they were three months ago.

Not only did firms report an increased amount of activity in this quarter, they believe that the next period will bring further gains.

More jobs could be created as businesses are also seeking to employ additional staff and invest in training for their existing workforces.

Anna Leach, CBI head of economic analysis, said: "There are encouraging signs here, particularly with employers increasing headcount and training expenditure at the fastest pace since November 2007 and investment plans for the year ahead a little better.

She added that although the results are a surprise, the rebounded confidence levels follow a recent pickup in conditions in many sectors.

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Posted by Richard EsquilantADNFCR-1617-ID-801494774-ADNFCR

Source: Salespeak News

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