Business optimism rose by 2%, but still amounted to a negative total of 27 for the quarter from April to June 2002.
The regular poll of Picons members also revealed a swing in favour of the UKs entry to the euro, with both the wait and see and join now sections tied at 48% each.
Despite domestic order books being strong, 60% of respondents said they were working below capacity, causing a fall in profits for 37% rather than the anticipated rise.
But export optimism remains positive, with 36% of suppliers, a rise of 13% on the previous quarter, anticipating further increases.
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"Great to see companies investing in the UK."
""the costs outweighed the income", but he claims the print was profitable??? SbF"
"Will he be asking for credit from the same companies he’s left with debt?"
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