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Businesses unsure about recovery could affect contractor accountants

Further signs that the country has seen the back of the recession came in the form of the Lloyds TSB Business Barometer.

The barometer revealed that 54% of UK businesses expect to see an increase in business activity this year, whilst only 5% are expecting a decrease. The findings are based on a poll of about 200 companies, including several leading contractor accountants [1] and umbrella companies.

The business bank account [2] believes that confidence has finally returned and they expect the economic recovery [3] to continue.

There was however an air of caution in the report as 12% fewer firms said they were more optimistic now than they were 3 months ago and it’s the larger firms that are showing signs of pessimism.

This pessimism could affect the contractor accountant [4] marketplace, as many of their clients are likely to provide services to these companies.

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