Corporate confidence:The final piece in the jigsaw

The recovery in the global economy over the past five years has undoubtedly been arduous, fitful and, generally speaking, frustrating for the vast majority of us. Despite numerous significant ‘tail risk’ events seemingly just around the corner, a recovery of sorts has still managed to prevail in most regions. With recent signs of acceleration in economic momentum, particularly in the UK, talk has turned to whether or not economies have reached ‘escape velocity’ – that level of growth which establishes a virtuous circle of job creation, income generation, increased spending, additional gr...