At last, something has happened that the EBS can report (other than this stayed the same and there was no difference with that):
- The proportion of businesses in England (45%) reporting output being higher than it was three months earlier was the highest reported since the survey began (October 2011).
- London outperformed the other regions of the UK on measures of output and employment and is the most optimistic region, with the largest positive balance scores for expectations of future output and employment.
- The North West was the worst performing region with the lowest balance scores for both output and employment.
- Businesses in the West Midlands have the most pessimistic expectations of output and those in Yorkshire and the Humber are most pessimistic about employment.