UK Survey of Executives Finds Confidence at Highest Since 2021
- ‘Green shoots’ visible after British economy exits recession
- Business lobby says executive sentiment now in ‘neutral phase’
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UK businesses entered the general election campaign at their most optimistic in over 2 1/2 years after the economy quickly bounced back from recession, according to the Institute of Directors.
The business lobby group said “green shoots” of recovery are “clearly visible” after its economic confidence index rose to minus 3 in May. It was up from minus 10 the previous month and the highest since September 2021 just after the economy emerged from lockdown.