CBI say British companies growth is increasing

CBI say British companies growth is increasing

British companies are growing more quickly after a weak start to the year, a survey has shown.

This is adding to signs that the economy is recovering from the impact of an unusually cold winter.

A British pound note is seen in front of a stock graph in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

The Confederation of British Industry said the balance of firms reporting a rise in output in the three months to May rose to +10 from +3 in the three months to April.

“While there was positive news for a number of sectors, consumer-facing firms continue to feel the pinch,” Anna Leach, a CBI economist, said.

 

Published: by Radio NewsHub
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