International confidence, UK improvement, and mortgage costs - here's your need-to-know business news roundup.
Small businesses’ confidence in international trading is improving according to new figures.
A survey from Western Union suggests that confidence improved for some 65 per cent of importers and exporters during the first quarter of 2012. [Telegraph]
The UK economy is showing signs of improvement but remains weak.
This is according to the British Chambers of Commerce, which found that domestic orders and exports grew during the first quarter of 2012. [BBC]
The Co-operative is the latest bank to raise the cost of borrowing for mortgage holders.
The lender will raise its standard variable rate by 0.5 per cent from 1 May. [Guardian]