Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Recession fears reduce giving welcome boost to business confidence

by May 1, 2023
May 1, 2023

Business leaders’ optimism about the next year has risen for a fifth consecutive month, returning towards levels recorded immediately before Russia’s invasion of Ukraine.

The Institute of Directors’ economic confidence index rose to a reading of -5 in April, from -13 in March and a low of -64 in November.

A monthly sentiment index from Lloyds Bank last week suggested that business confidence was at its highest since May last year. PwC forecasts that the economy will grow by 0.1 per cent this year before returning to 1 per cent growth by the end of next year. Other forecasters, including the Bank of England and the Office for Budget Responsibility, also believe that Britain will avoid recession this year.

The Institute of Directors’ index measures answers to the question: “How optimistic are you about the wider UK economy over the next 12 months?” Its survey found that director confidence in prospects for their own organisations had steadied at a measure of 42; expectations of increasing investment levels rose slightly to 20 and expectations of increasing staff was put at 22, similar to March. Only 25 per cent of members said they believed inflation had peaked, down from 28 per cent in March.

Kitty Ussher, chief economist at the institute, said the investment intentions raised “hope that the economic f

Read more:
Recession fears reduce giving welcome boost to business confidence

0
FacebookTwitterGoogle +Pinterest
previous post
King Charles urged to use his reign to breakup UK’s ‘network of satellite tax havens’
next post
Twitter to let publishers charge users per article read, says Elon Musk

You may also like

Rishi Sunak plans compulsory maths until 18 for...

January 4, 2023

Monthly insolvencies in England and Wales hit three-year...

April 19, 2023

Utilising training & employment schemes: How to plug...

March 31, 2023

Farmers hope for rain as dry spell stalls...

April 7, 2025

Tangle Teezer, once rejected on Dragons’ Den, sold...

December 13, 2024

Farage insists UK’s Brexit deal can be improved...

February 4, 2025

Becoming king of the media jungle means starting...

July 29, 2022

TSB staff and bosses to share £29.8m bonus...

January 27, 2023

Banks ‘risk reputations’ by failing to help borrowers

February 14, 2023

IR35 threatens UK’s £3.5bn plan to become tech...

April 20, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Democrats doubt Trump will secure Ukraine cease-fire in Alaska summit with Putin

      August 16, 2025
    • ‘Absolutely incredible’: B-2 bomber, F-35 escort set stage for Trump-Putin talks in Alaska

      August 16, 2025
    • Rutherford v. United States Brief: Defending the First Step Act

      August 15, 2025
    • Hawley opens probe into Meta after reports of AI romantic exchanges with minors

      August 15, 2025
    • Friday Feature: Braveheart Christian Academy

      August 15, 2025
    • From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

      August 15, 2025

    Categories

    • Business (8,796)
    • Investing (2,217)
    • Politics (16,394)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved