Business confidence is on the rise

#OEMS #ukmfg #britishmanufacturing #engineering #businessconfidence Business confidence among the UK’s biggest companies has risen sharply, with worries about economic and financial uncertainty declining to their lowest level for 21/2 years.

A quarterly survey by professional-services group Deloitte found that rising equity markets, “exceptionally easy monetary policy” and improving financial conditions had led to a positive mood.

Despite the crisis in Cyprus in March, finance chiefs are more confident that the euro-zone will survive, with just 18% believing that it could break up in the next 12 months — half the level seen last spring