UK business optimism sees record post-election rebound: Deloitte

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UK business optimism sees record post-election rebound: Deloitte
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Optimism at major British companies has improved by the largest margin in at lea...

LONDON - Optimism at major British companies has improved by the largest margin in at least 11 years after Prime Minister Boris Johnson won a sweeping election victory last month, according to a survey from accountants Deloitte.

Britain’s economy slowed to a crawl late last year, with the most recent official growth data showing the joint-weakest annual expansion since 2012. Many businesses were also concerned by the opposition Labour Party’s plans to nationalize rail operators, utilities and broadband infrastructure.

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