Home Business news UK business confidence jumps ahead of 19 July lockdown lifting

UK business confidence jumps ahead of 19 July lockdown lifting

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Survey shows firms most optimistic since 2005, as hiring intentions reach a record high despite a surge in Covid cases

UK business confidence has jumped as firms anticipate the lifting of lockdown restrictions later this month, despite concerns over the rise in Covid-19 infections.

A survey by accountancy and business advisory firm BDO found that firms were their most optimistic since 2005 in June. Manufacturing optimism rose sharply, due to improved global economic outlook driven by the Covid-19 vaccine rollout this year.

Related: UK food worker shortages push prices up and risk Christmas turkey supplies

Related: England’s 19 July reopening may boost UK plc but a longer-term approach is needed

Continue reading…Survey shows firms most optimistic since 2005, as hiring intentions reach a record high despite a surge in Covid casesCoronavirus – latest updatesSee all our coronavirus coverageUK business confidence has jumped as firms anticipate the lifting of lockdown restrictions later this month, despite concerns over the rise in Covid-19 infections.A survey by accountancy and business advisory firm BDO found that firms were their most optimistic since 2005 in June. Manufacturing optimism rose sharply, due to improved global economic outlook driven by the Covid-19 vaccine rollout this year. Related: UK food worker shortages push prices up and risk Christmas turkey supplies Related: England’s 19 July reopening may boost UK plc but a longer-term approach is needed Continue reading…