The euro zone received a boost today after a report revealed business and consumer confidence surged to its highest level since March 2008.
Confidence in the 16-member nation rose to 101.3 in July, up from a revised 99 in June, according to the European Commission’s economic sentiment index.
However, the Commission highlighted that the rise was led [...]
The Munich-based Ifo think tank today announced confidence among German firms has returned.
The Business Climate Index jumped to 106.2 points in July from 101.8 the previous month – the strongest rise for 20 years.
The reading also exceeded expectations of a fall to 101.5 points.
Germany, which is Europe’s largest economy, contracted by a record [...]
The latest survey from the Nationwide Building Society has revealed a further fall in UK consumer confidence for the month of June.
The building society’s consumer confidence index plunged from 66 in May to 63 in June – the lowest level for a year, due to ongoing economic uncertainty.
However, the Nationwide highlights that the survey was [...]
Concerns over mortgage finance are gnawing away at confidence in the UK housing market, according to Zoopla.co.uk.
In a recent survey by the property website, 78% of respondents expected house prices to rise by the end of the year, down from 81% three moths ago.
Thirty four per cent of those questioned named a shortage of mortgage [...]
Connells Survey & Valuation has reported a surge as seller confidence in June, the first clear month in which Home Information Packs have been abolished.
The nationwide property valuation service saw a 20% rise in valuations, compared with a year earlier, taking volumes in the second quarter of 2010 up 13% on the same period of [...]
A survey by accountancy firm Deloitte has revealed confidence among finance directors of Britain’s leading companies has dropped to its lowest for a year.
The study found two-thirds believe that their companies will be affected by the major cutbacks in Government spending.
In addition, according to the study, 38% believe there is a risk of a double-dip [...]