Global business optimism up

Global business optimism rose to its highest level for two years in the early stages of 2013, according to a poll of executives from Grant Thornton. This sense of confidence is driving investment, the accountancy said, with 38 per cent of respondents planning extra investment in machinery and plant over the coming 12 months, up from 31 per cent three months ago, with firms’ huge cash piles coming into play.

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