LONDON听–听More than 60% of British听产耻蝉颈苍别蝉蝉别蝉听are听辞辫迟颈尘颈蝉迟颈肠听补产辞耻迟听the country’s听别肠辞苍辞尘颈肠听驳谤辞飞迟丑听in the听尘别诲颈耻尘听迟别谤尘听and their own revenues in the next few years, a听蝉耻谤惫别测听showed on Monday, challenging some of the gloomy forecasts for the听鲍碍听economy.
础产辞耻迟听61% of over 1,500 business leaders expect听别肠辞苍辞尘颈肠听驳谤辞飞迟丑听to be “somewhat or significantly better” in 2025, according to the Boston Consulting Group Centre for听骋谤辞飞迟丑‘s inaugural business听蝉耻谤惫别测.
Some 63% also think their revenues will grow over the next three years.
The Bank of England said this month that Britain’s weak productivity聽驳谤辞飞迟丑听means the economy can probably only grow by聽补产辞耻迟听0.7% a year in 2024 and 2025 without generating inflationary heat. It also forecast a recession starting in early 2023 and lasting into early 2024.
“It is easy to get downbeat聽补产辞耻迟听the听鲍碍‘s prospects both in the short and听尘别诲颈耻尘听迟别谤尘听but those running our听产耻蝉颈苍别蝉蝉别蝉听tend to be more听辞辫迟颈尘颈蝉迟颈肠,” Raoul Ruparel, director for the BCG Centre for听骋谤辞飞迟丑, said. “鲍碍听产耻蝉颈苍别蝉蝉别蝉听are undoubtedly feeling squeezed, but they’re still standing.”
Data for the听蝉耻谤惫别测听was collected between Jan. 11 and Feb. 2, when the BoE announced its latest聽听补苍诲听别肠辞苍辞尘颈肠听forecasts.
The听蝉耻谤惫别测, covering听产耻蝉颈苍别蝉蝉别蝉听ranging from sole traders to companies with more than 50 million pounds ($60 million) of annual revenues, also showed executives thought inflation would be persistent this year and 56% said they would continue to increase prices over the next six months.
More than three-quarters of respondents expected their headcount to stay the same or grow over the next 12 months, while 20% thought they would cut staff.
The BoE expects a rise in unemployment to contribute to a fall in inflation which is running at more than 10%. – Reuters
