UK business confidence improves

UK business confidence improves: BDO

  • Output and Optimism indices moved up to 94.1 and 93.0 respectively
  • Service sector confidence moved up substantially in April
  • Services Optimism Index, which predicts business performance two quarters ahead, also went up, increasing to 94.1
  • Output Index for manufacturing fell this month from 92.4 to 90.8
  • Optimism Index for manufacturing moved up to 88.3

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