Global business heads expect growth turnaround during 2013

Ben Southwood
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BUSINESS leaders are looking to 2013 with optimism, after a gloomy 2012 that threatened worldwide slowdown or slump, data revealed this morning.

Seventy-seven per cent of executives surveyed by FTI consulting were hopeful for “significant economic growth” during this year – a drastic improvement on the 45 per cent who expressed similar hopes in January 2012.

And this optimism is by no means restricted to emerging markets. Seventy-eight per cent of respondents from North America said they were upbeat, with 76 per cent of European bosses and 75 per cent of heads from Asia.

“Having spent the past five years grappling with the global banking crisis, the Eurozone crisis and recession, businesses appear to be ready tomove forward,” said Mark Malloch-Brown at FTI.