Overall confidence was up from 94.9 to 95.2 points last month, with large company optimism rising over one point, the mid-tier firm found.
However, the ‘poll of polls’ revealed small business confidence slipped from 98.2 to 98 points in December.
According to BDO, the Monetary Policy Committee is not likely to hike interest rates and Britain is on course for growth in the current quarter
Partner Peter Hemington commented: ‘The cut in interest rates has borne fruit in the consumer sector. I hope to see this mirrored by a continuing recovery in business confidence.
‘However, this should not blind us to the fact that much of the economy is in a fragile state.’
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel