Business confidence has improved over the latest quarter, with illion’s Business Expectations survey showing small increases in both expected and actual results. The retail sector delivered a seasonal rebound in its outlook for December, following a bout of pessimism last quarter. The only areas of concern were employment and capital investment, for which businesses expressed a more cautious outlook.

Key Insights:

• Rising concerns over interest rates
• Slight dip in employment expectations
• Business cautious on capital investment
• Turnaround in retail sentiment

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