Big firms a lot more confident about the future

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Big firms a lot more confident about the future
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Sentiment among finance bosses is rebounding as concerns about energy prices and Brexit ease.

Confidence among finance chiefs at the UK's biggest companies has seen its sharpest rise since 2020.

"Since the beginning of the year, energy prices have fallen, inflation looks to have peaked, relations with the EU have improved since the Windsor framework and there has been a period of comparative political calm after the turmoil of last year." "In many ways it mirrors what we are seeing at household level. The difference between the haves and the have nots is widening."

The UK economy has been struggling recently due to high gas prices, rising interest rates and a sluggish trade performance. Business investment has also been weak.

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