The future of the economy looks to be a brighter place for UK businesses as confidence has returned to pre-recession levels, say BDO Stoy Hayward in its latest report. The accountancy firm's Optimism Index rose from 99.4 to 103.2 in March; a high not achieved since the summer of 2006. The Output Index also improved, and has reached quarter three 2007 levels due to businesses re-stocking.
This renewed optimism is reliant on the three main political parties outlining their economic policies for the future, however, according to BDO.
The accountancy firm said: “The lack of information from political parties regarding concrete plans to tackle the deficit will be contributing to business uncertainty which in turn is keeping investment levels low in 2010."
In other encouraging news, activity in the construction sector of the economy picked up last month according to the British Chamber of Commerce. The CIPS Markit PMI construction index rose from 48.5 to 53.1 in March the first time in two years. However, construction businesses might be vulnerable to reduced government spending on building and infrastructure projects. Read our guide on how to buy a construction business by subscribing to the Business Sale Report.
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.