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Free AccessTrending Top 5
Market News Topics
May 04, 2020 05:57 GMT
Per City AM: "In the first quarter, 84 per.......>
UK
- Bonds & Currency News | Market News"
>
- Bonds & Currency News | Market News"
>
UK: Per City AM: "In the first quarter, 84 per cent of finance bosses said they
are less optimistic about the prospects for their company than they were three
months ago the survey from Deloitte found. This is the lowest business
confidence reading on record, the report said, in contrast to the previous
quarter where a majority (53 per cent) of CFOs said they were more optimistic
about the financial prospects of their company. Ninety seven per cent of CFOs
said they expect UK corporates' revenues to decrease in the coming 12 months.
Respondents expected their own businesses' revenues to be 22 per cent lower on
average compared to their pre-covid-19 plans."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
To read the full story
Close
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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