The Bank of Japan’s closely watched quarterly Tankan survey has revealed a significant improvement in business confidence in Japan.
The Tankan index revealed business confidence among major manufacturers had picked up for the fifth consecutive quarter, rising one point in June from -14 in March.
The Tankan, which surveys 10,000 firms, measures the percentage of companies [...]
In his first major speech since becoming Prime Minister David Cameron has today promised to “transform our economy” and make the next decade the “most entrepreneurial and dynamic in our history”.
Outlining the Government’s strategy for economic growth, he has also pledged to help firms by cutting red tape, improving trade and transport links and getting [...]
Activity in the UK’s closely-watched service sector slowed in April, hit by the volcanic ash cloud which disrupted businesses.
Furthermore, activity was hit by concerns about the outcome of the general election, according to analysts.
The latest activity index from the Chartered Institute of Purchasing and Supply (CIPS)/Markit PMI showed a reading of 55.3 in April, down [...]
The latest Bank of England quarterly lending survey has revealed lending to British businesses slumped in January.
According to the report, net lending fell by 9.3% during the month – the sharpest decline since records began in 1999.
Banks and building societies lent £6.5 billion in January and followed a drop of £3.4 billion in the previous [...]
Hopes that the recession has finally come to an end emerged today after the Institute of Chartered Accountants in England and Wales (ICAEW) said confidence among British businesses has jumped to a six-year high.
According to The Times newspaper, the Business Confidence Monitor survey grew to a reading of 24.6 for the fourth quarter, up from [...]
Businesses must get ready to make the most of an upturn in the economy, Lloyds TSB has advised.
The bank said businesses that are prepared for economic recovery will thrive when the upturn begins.
Although there is no certainty when recovery will begin, firms that do not plan could fall into the trap of overtrading, the bank [...]