A Deloitte survey of CFO’s released today indicated that the risk appetite among UK financial types, Q1, 2014 was the highest since 2007 (survey period, 3/6 – 24). Some 81% expect businesses to add staff, 80% predict higher capital expenditures and 95% expect more M & A.
Surprise? Nope. Not to our clients who had the UK “miracle” in hand when most looked for a double-dip.
In the UK we have an enlightened administration and a central bank which, although it has strayed in recent months, is still far more anchored than its counterpart in the US.
If these CFO types do moderate their plans it will not be due to domestic concerns but a perceived slowing in the US and resultant contagion from that event.
Robert Craven
Surprise? Nope. Not to our clients who had the UK “miracle” in hand when most looked for a double-dip.
In the UK we have an enlightened administration and a central bank which, although it has strayed in recent months, is still far more anchored than its counterpart in the US.
If these CFO types do moderate their plans it will not be due to domestic concerns but a perceived slowing in the US and resultant contagion from that event.
Robert Craven
No comments:
Post a Comment