Large UK companies see lowest uncertainty in nearly 3 years

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Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse | SaltWireLONDON - 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. "Expansionary strategies, such as capital spending and bringing in new products or services, are on the backburner. Given the challenges of recent years it is perhaps unsurprising that ... a degree of caution persists," Stewart said.

Concern about British productivity and competitiveness rose to second spot - the highest in a decade - displacing disquiet about inflation, energy prices and labour shortages.

 

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