Business confidence on the rise - Today's small business news roundup

  • By Josh Hall
  • 8 May 2012
Business confidence on the rise - Today's small business news roundup

Business confidence, unemployment rates, and insolvencies - here's your need-to-know business news roundup.

UK firms have remained optimistic despite news that the country has returned to recession.

This is according to a new report from the CBI, which suggest that small manufacturers became more confident during the second quarter, for the first time since the middle of 2011. [BBC]

Unemployment will continue to rise until 2016 according to new figures.

The latest forecast from the CEBR said that rises in joblessness would be noted everywhere but London, the South East, and the East of England. [ThisIsMoney]

Business insolvencies rose by 4.3 per cent during the first quarter of the year.

But figures from the Insolvency Service suggest that personal insolvencies fell by 4.7 per cent during the same period. [Telegraph]

Read more about: General business