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Business confidence at highest level for over two years

A new survey out today suggests businesses are at their most confident since the spring of 2011.

The accountancy firm behind the research, BDO, said that companies were feeling more optimistic on all fronts, including output, inflation and employment.

But not everybody is celebrating just yet.

BDO partner Peter Hemington told BBC Radio 5 live's Wake Up to Money: "We've seen three recoveries choked off... so businesses, perhaps by the fact they've been disappointed in the past, are less optimistic than they ought to be."

  • 12 Aug 2013
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