• Text size      
  • Send this article to a friend
  • Print this article

22-year high in business optimism

THERE are further signs of improvement in the economy as figures show that business confidence is at its highest level for 22 years.

Accountant BDO's Optimism Index, which predicts business performance two quarters ahead, reached 103.8 in January, up from 103.4 in December.

This is well above the 100 point mark, meaning the economy is expected to outperform its long-term historical growth trend.

A separate Bank of Scotland Report on Jobs showed that the improvement in labour market conditions slowed in January.

Its Labour Market Barometer posted 62.6 in January, down from December's recent peak of 63.6, but was above both its long-run average and the reading for the UK as a whole.

Contextual targeting label: 
Finance

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

213274