BusinessCompany NewsBusiness confidence rose slightly in March

Business confidence rose slightly in March

BDO Stoy Hayward Survey finds reasons to be cheerful

Business confidence has improved slightly for the short-term at least, the
latest Business Trends survey by BDO Stoy Hayward has found.

The survey’s short term confidence measure, based on order book strength and
turnover expectations, rose 2.3 points to 88.6 in March. It was the second
consecutive monthly increase.

But improved confidence did not translate into hopes for a turnaround. There
was little change in the survey’s optimism index, based on perceived prospects
for the next two quarters.

Businesses are expecting unemployment to rise to 7.6 per cent up from 6.5 per
cent over the next three months, which will add 350,000 to jobless queues.

Another report from Lloyds TSB Corporate Markets showed improved confidence
on business activity levels in some areas, and mainly in smaller businesses.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
BDO set to recruit 350 trainees

Accounting Firms BDO set to recruit 350 trainees

11m Accountancy Age editorial
New managing director at BDO in Birmingham

Accounting Firms New managing director at BDO in Birmingham

11m Stephanie Wix, Writer
BDO appoints CIO from Olswang

Accounting Firms BDO appoints CIO from Olswang

11m Stephanie Wix, Writer
BDO global revenues rise 8% to hit £6bn

Accounting Firms BDO global revenues rise 8% to hit £6bn

1y Stephanie Wix, Writer
BDO appoints audit and restructuring partners

Accounting Firms BDO appoints audit and restructuring partners

1y Stephanie Wix, Writer
BDO pinches KPMG leader for new legal role

Accounting Firms BDO pinches KPMG leader for new legal role

1y Fraser Simpson, Reporter