Financial services industry looks up

Business volumes and employment expectations are the strongest since the survey began in 1989. Responses suggest business has been flat in the past quarter, but that 23% more firms expect business to grow in the next three months. This is the strongest forward quarterly outlook since March 2004 says the CBI/PwC, and comes despite some gloomy predictions over employment. However, overall some 53% of companies questioned expect employment to rise in the next quarter, against just 5% expecting it to go down. Driving the optimism are expectations of growing sales of savings and inve...