Foreign sales boost business confidence

The organisation's latest Business in Britain Confidence Index shows a net positive balance of 18% for June; the highest since 2007. Growing confidence has been mainly driven by expectations surrounding foreign sales, with a positive balance of 42% of businesses predicting an increase in this area. This has also led to manufacturing becoming the sector feeling the most confident, at 33%, with financial services recording 21%. However, the overall confidence balance still remains short of the long term survey average of 22% which the bank has attributed to lingering doubts around do...