Business Confidence Returns to Positive

An Institute of Directors poll of 700 company directors has found that business confidence has returned to positive for the first time since Article 50 was triggered. The IoD say the transition deal “has brought some much needed reassurance” and that Brexit is no longer even in the top three concerns of business leaders. IoD senior economist Tej Parikh said:

“It seems likely meaningful progress in Brexit negotiations since December has brought some much needed reassurance.”

Expect the remain press to lap this one up…


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Quote of the Day

Soros on the pan-European elections to the EU parliament…

“It is difficult to see how the pro-European parties can emerge victorious from the election in May unless they put Europe’s interests ahead of their own. One can still make a case for preserving the EU in order radically to reinvent it. But that would require a change of heart in the EU. The current leadership is reminiscent of the politburo when the Soviet Union collapsed – continuing to issue ukazes as if they were still relevant.”

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