Nearly half of the senior executives polled in KPMG’s National Business
Survey think their prospects are good compared to just 22% in the first
But the spring survey revealed the lowest levels of optimism since the survey
began in 2004. 37% of executives rated their prospects as poor at the time. This
figure has since improved to 25%, the Telegraph reported.
Whether the economy has bottomed out is a contentious issue, KPMG head of
markets Malcolm Edge said. ‘Opinion is divided over whether the economy has
dipped to its lowest point or whether worse is yet to come, with 55% believing
the bottom of the cycle has been reached and 42% fearing we remain on the
Despite improved confidence, one in three businesses report that they are
experiencing financial difficulties.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements