
Business confidence in the British economy has leaped to its highest
level for more than three years following the Conservatives’ election
win, according to a survey of company directors.
For the first time since spring 2018, firms have become optimistic
about the economic outlook, with a key confidence measure swinging into
positive territory and hitting 21% in December, up from -18% in
November.
(IoD), which polled members in the days following the election. It
added that Boris Johnson’s new majority government meant company
directors, whatever their personal views, now had a framework around
which they could put in place plans to invest, hire staff and expand.