Business leaders are said to be at their most confident since before the recession, according to a survey of 1,600 directors by Dun & Bradstreet, conducted just after base rates were raised to 5.75%.
Construction companies and exporters of manufactured goods are most optimistic about increasing sales in the last quarter of the year. Two-thirds of retailers expect better sales; 36% do not. D&B suggest that this shows greater optimism among businesses than amongst consumers. This feeling is echoed by a further report out today from the Henley Centre.
Business leaders in north-west England, the Midlands and Wales were the most optimistic in the D&B survey.
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