BDO: Business Confidence Soaring
One ray of sunshine and all is well with the world…
Business confidence is higher than it has been for years according to BDO. But politicians could wreck it before it manages to take hold.
The BDO’s Business Trends survey shows both confidence and output are up to pre-recession levels. But warns that a “significant increase” in prvate sector investment is needed to sustain the recovery. Investment is currently hampered by uncertainty political bullshitting over plans for the public finances following the general election.
BBC: “The economy is showing signs of improvement, but the main political parties risk frittering this opportunity away if they don’t provide clarity for businesses now,” said Alex White, a partner at BDO.
“Political parties are keeping businesses in the dark on the substantive impact of their policies… uncertainty created here is an enemy to investment.”
Another month of restraint and all will be revealed. Hmmm.









