Whilst everyone in the tax world is waiting for the next budget and Alistair Darling is finally admitting what we all thought – that he has underestimated the recession – there are some pale green shoots of optimism. BDO Stoy Hayward's latest 'Business Trends Survey' shows that the survey's short term confidence measure based on order book strength and turnover expectations, rose 2.3 points to 88.6 in February – which was a second consecutive monthly increase. Meanwhile Lloyds TSB corporate markets survey also showed improved confidence in some areas of business performance.
At Georgiana Head Recruitment we are also seeing some tentative signs of increased business confidence particularly amongst the independent accountancy firms some of whom are seeing the recession as an opportunity to snatch some of the 'best and brightest' talent from some of the larger accountancy firms.
Even the property market is showing some small signs of improvement as Georgiana says; 'Yup, I've been outbid on yet another property! We thought this time would be third time lucky and offered £20,000 over the asking price – but it has gone for £40,000 over. So in