Risk appetite among UK-based companies "hits record high"

Risk appetite among UK-based companies "hits record high"
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”.

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