Business Confidence Monitor

Business Confidence Monitor, Q1 2013: ICAEW / Grant Thornton

  • The BCM Confidence Index stands at +12.8, up from +4.2 in Q4 2012, suggesting GDP will grow by 0.4% in Q1 2013
  • The availability of management skills is a concern as companies look to increase headcount – leading to a fear that the right people will not be in place when the recovery starts
  • Businesses are still cautious to invest in the recovery, highlighted by continued low capital investment and salary growth
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