The latest Institute of Directors (IoD) Directors' Economic Confidence Index reveals a three-year high in July.📈
Anna Leach, Chief Economist at the Institute of Directors, said:
“There’s an encouraging rise in directors’ confidence this month, following last month’s pre-election dip. This looks like an early vote of confidence in the new government, given the smaller movements in the other economic measures which point to modest improvement in economic conditions."
"We’ve seen welcome consistency in the government’s messaging so far, particularly on the dual priorities of growth and stability. We look forward in particular to working with the government on industrial strategy, skills, workers’ rights and infrastructure policy, to help deliver the stable growth-friendly policy framework that will enable the economy to thrive."
Business and Trade Secretary Jonathan Reynolds MP said:
“This is a welcome vote of confidence in our national mission to kickstart economic growth."
"From our new industrial and trade strategies to the £7.3 billion National Wealth Fund that will unlock investment – we are creating new opportunities for firms that will restore economic stability, help support jobs, and benefit working people across the UK.”
➡Read the full report here: https://lnkd.in/dyzmKPJS
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