The BDO optimism index, which is an indicator of GDP growth two quarters ahead, is at its highest level since the first half of 2002.
The BDO optimism index rose from 98 to 98.4 in July. It is the first sign of an upturn in business confidence since the end of the Iraq war.
However, BDO said its output index-which relates to GDP movements a quarter ahead, failed to make any progress last month. Order flow remained patchy as businesses focussed on improving profit margins with the index falling from 99 to 98 in July.
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