Business confidence shaky but recruitment on the up
Posted by Gina Dyer in In business on Wed, 27/01/2010 - 12:16
- A quarter of CEOs are confident about revenue growth in 2010
- UK CEOs are among the most confident in Europe about recruitment
- Despite this, they remain cautious about where they spend their money
- The M&A market looks set to grow this year
CEOs remain cautious with their investments but 42% are planning increased headcount this year.
Figures released by the Office for National Statistics this week revealed that the UK economy is technically out of recession, with a growth of 0.1% in Q4 last year, but businesses are still cautious in preparing for an upturn.
A quarter of UK CEOs said they were ‘very confident’ about revenue growth in the next 12 months – an increase of 10% on the previous year, according to PriceWaterhouseCoopers’ annual Global CEO survey.
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