Confidence in the UK economy hits 68%, the highest number on record

Western Union Business Solutions’ International Trade Monitor (ITM), published today the results of their 3rd quarter survey.

 

Key findings include:

 

•        Confidence in the UK economy hits 68%, the highest number on record

•        Confidence amongst SME manufacturers outpaces that within the retail sector

•        Concerns about the Eurozone and Government austerity measures fall

•        Trade with emerging market falls slightly; expectations of increased trade with Europe rise

•        Credit outlook eases

 

The ITM is a quarterly survey of over 660 UK SMEs, all engaged in international trade, and provides key insight on international trade and economic conditions for Britain's small and medium-sized businesses.