DNN Daily News Network

Under-reported news! We scour the news so you don't have to!

(READ): ‘Recession Is Over’ In The UK…

leave a comment »

Source: SKY News

money2The UK recession is at an end with business confidence enjoying a record recovery, according to one trade body.

The Institute of Chartered Accountants in England and Wales (ICAEW) said optimism among professionals had moved to its highest level for two years.

The Business Confidence Monitor survey found “a remarkable upturn” in confidence in the banking sector while positive signs in the housing market have also helped boost optimism for property firms.

The IT sector was the most optimistic, followed by banking, finance and insurance firms.

Overall, the confidence measure jumped from minus 28.2 to 4.8, the largest quarterly improvement since the survey began in 2003. Read More

Written by dnnnewshound

August 24, 2009 at 9:40 am

Posted in Economics

Tagged with , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: