LONDON (Reuters) Major British businesses plan to step up investment this year despite seeing increased risks from May s general election and a softer economic outlook, a survey by accountants Deloitte showed on Monday. Deloitte said firms planned to raise investment by an average of 9 percent this year compared with 8 percent in 2014, which would take business investment to its highest share of gross domestic product since the dotcom bubble in 2000. Chief financial officers expect 2015 to be a year of investment and of recovering real earnings suggesting the UK will post decent growth through 2015, said Deloitte chief economist Ian Stewart. Firms investment growth in Britain is likely to be higher than in the United States, euro zone or Japan, Deloitte said. It added that CFOs expected to raise wages by 2.9 percent. Both investment and wages have repeatedly undershot expectations since 2010. Although they started to pick up last year, the Bank of England has said that overall economi
Posted on: Mon, 05 Jan 2015 02:55:42 +0000
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