CONFIDENCE among North West businesses rose in the last quarter of 2014 despite a fall overall across England, according to a report from the Institute of Chartered Accountants in England and Wales and Grant Thornton.
The latest UK Business Confidence Monitor (BCM), shows business confidence in the North West rose in the fourth quarter (Q4) of 2014 by 2.2 points, standing at + 34.0 compared to + 27.8 in Q3 of 2014.
Commenting on the figures, Graham Lamont chief executive of Kendal-based chartered accountancy firm Lamont Pridmore said: “We are encouraged that businesses in the North West are more confident than their counterparts across the rest of the North and the UK as a whole.
“This shows that the economy in Cumbria and the North West is particularly resilient to problems at home and in the Eurozone and businesses in our area have the confidence to invest in new staff, products and services.
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