Fading eurozone fears boost CFO outlook.
Position | Update |
UK business leaders are more confident about the year ahead, as concerns over the impact of the euro debt crisis fade.
That's the key finding of Deloitte's latest "CFO Survey", which reports that only 22 per cent of CFOs believe a break-up of the single currency is likely, compared with 37 per cent 12 months ago. In addition, few now fear a triple-dip recession in the UK.
Business leaders are particularly confident about monetary policy, which includes interest rates, inflation and the availability of credit--with 81 per cent of finance bosses rating it as "appropriate".
However, they are concerned about government micro-economic policies, stating that they believe the government is not doing enough to create an environment that encourages long-term success.
The areas of greatest concern on micro issues are regulation, infrastructure, and energy and...
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