© Reuters. FILE PHOTO: Joggers run over Waterloo Bridge, with skyscrapers of the City of London business district seen behind, at sunrise, as cold weather continues, in London, Britain, January 19, 2024. REUTERS/Toby Melville/File PhotoLONDON - Concern among large British companies about economic uncertainty has fallen to its lowest since mid-2021 but the improved mood is not yet translating into stronger investment, a Deloitte survey showed on Monday.
Profit margins were forecast to rise for the first time in three years and overall optimism increased for a third quarter in a row to levels similar to those just before periods of relatively strong growth in 2010, 2014 and 2021. Geopolitics remained the biggest worry of large companies, due to fears of increased cyber attacks or higher energy prices and a general fall in demand.
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