Brexit: Confidence in UK economy turns positive for first time since Article 50 triggered
The rise follows earlier jump after December’s announcement of progress in phase one of Brexit talks
Optimism about the UK’s economy is higher than at any time since Theresa May triggered Article 50 last March, according to a survey of company directors.
The rise in confidence follows an earlier jump after December’s announcement that sufficient progress had been made in the first phase of the Brexit talks.
The UK’s uncertain trading status with the EU has fallen out of the top three concerns of business leaders for the first time since withdrawal negotiations began, the Institute of Directors found.
Read more Airbus warns hard Brexit will cause business to ‘grind to a halt’ Economic conditions, skills shortages and compliance with government regulation now occupy the top spots.
A net balance of 1 per cent more of those asked thought the prospects for the economy were good, while the balance was 47 per cent when bosses were asked about the outlook for their own company.
Tej P..