British companies are increasingly likely to spend, a survey has showed today
The risk appetite among chief financial officers has risen in the first quarter of 2014, hitting 71% - its highest level since 2007.
A survey conducted by Deloitte of 126 CFOs showed that there has been a marked reduction in uncertainty about the UK economy coupled with optimism about an improvement in financial conditions.
With consumers spending more and interest rates at record lows, Britain's economy rebounded faster than expected.
"Easy monetary policy and favourable financing conditions have created a capital-rich environment for big UK corporates," Ian Stewart, chief economist at Deloitte said.
A source at Skipton Business Finance said: “This is great news for the wider economy because if confidence in larger corporates increases, this filters down to the SME market”.
Invoice Finance to help with growth
Here at Skipton Business Finance, our Invoice Finance facilities grow in line with your business. That means that your Factoring or Invoice Discounting facility will be flexible enough to increase as and when your sales grow and you raise more invoices.
We help hundreds of businesses throughout the UK every single year with their cashflow. Our clients are able to raise invoices one day and get paid straight away.