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Record rebound in UK business confidence

Record rebound in UK business confidence

Deloitte’s latest quarterly survey of UK chief financial officers (CFOs) suggests there has been an “unprecedented” rise in business confidence following December’s election. Collecting responses from 119 UK CFOs between 13 December and 6 January, the accounting giant found that 53 per cent of finance chiefs were more optimistic about the financial prospects of their companies than three months earlier, the highest level in the survey’s 11-year history. This compares with just 9 per cent expressing the same opinion in the third quarter of 2019.

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