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Surprise rebound in business confidence signals early end to double-dip recession

Tuesday, May 08, 2012 | Posted by: Grant Thornton
Categories: Economy | Tags: business, tax, recession, investment, economy, growth, CEO, budget, Scott Barnes, recovery, Michael Izza, economic growth, BCM, Business confidence monitor

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A notable improvement in UK business confidence in the last three months suggests that the economy will come out of recession and return to growth in Q2 2012, according to the latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM) out today.

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Insight: Why is UK business losing faith – and what can government do about it?

Tuesday, August 23, 2011 | Posted by: Fiona Cullinan
Categories: Economy, Thought Leadership | Tags: business, economy, video, Scott Barnes, ICAEW, business news, confidence, BCM, Business confidence monitor, index, monitor, Q3 2011, Robin Fieth

Scott Barnes, CEO of Grant Thornton, and Robin Fieth, Executive Director, Finance & Operations, ICAEW, give their thoughts on the recent ICAEW/Grant Thornton UK Business Confidence Monitor (BCM). The video report lasts three minutes – or jump to the relevant question via the links below.

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Confidence dips in Q3 as businesses start to lose faith

Monday, August 22, 2011 | Posted by: Fiona Cullinan
Categories: Economy, Thought Leadership | Tags: business, economy, Scott Barnes, ICAEW, Michael Izza, business news, confidence, BCM, Business confidence monitor, index, monitor, Q3 2011

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The latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM) shows a decline in confidence this quarter – read on to find out why.

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One year out of recession, it’s mixed fortunes for UK plc

Wednesday, January 26, 2011 | Posted by: Fiona Cullinan
Categories: Economy | Tags: business, recession, economy, finance, UK, retail, GDP, inflation, recovery, Private Equity, BCM, PE Barometer, double dip, Business Confidence Monitor

Today is the first anniversary of the UK economy emerging from recession. But while preliminary data for Q4 2010 estimated a 0.1% rise in GDP, yesterday’s figures showed a surprise contraction – is it a blip caused by bad weather or a sign of the economy stalling amid recent austerity measures?

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Uncertain 2011 as business confidence falls sharply

Tuesday, November 23, 2010 | Posted by: Fiona Cullinan
Categories: Economy, Thought Leadership | Tags: economy, video, retail, Scott Barnes, recovery, ICAEW, engineering, Michael Izza, manufacturing, construction, business news, confidence, BCM, Business confidence monitor, demand

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UK businesses have lowered expectations for 2011 as business confidence weakened once more in Q4, according to the latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM). This suggests that economic growth next year will be slower than forecast with companies reluctant to invest and back the recovery.

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Fall in business confidence indicates slow-down in economic recovery

Friday, August 27, 2010 | Posted by: Grant Thornton
Categories: Economy | Tags: business, tax, recession, investment, CEO, budget, Scott Barnes, recovery, ICAEW, Michael Izza, BCM, Business confidence monitor

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Confidence among businesses has fallen according to the latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM), indicating that the economic recovery will slow in the second half of 2010. Despite uncertainty as to the impact on the recovery of the Coalition Government’s plans to reduce public spending, the BCM’s financial performance indicators suggest that the financial health of UK businesses continues to improve.

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