British business optimistic

BUSINESS optimism in Britain is spreading to the manufacturing sector of the economy, according to a survey of company directors…

BUSINESS optimism in Britain is spreading to the manufacturing sector of the economy, according to a survey of company directors published yesterday. This confirms other recent survey evidence, but is at odds with official figures published yesterday that showed a surprise drop in factory output in June. However, the government statistics tend to look backwards at actual performance, while the surveys are looking ahead to future prospects.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective