Insurance Age

Business optimism increases strongly

Financial services firms' business optimism in the sector has increased strongly over the last three months and at the fastest rate since March 2004, according to the quarterly Financial Services Survey by the CBI and PricewaterhouseCoopers. Forty percent more firms said that business volumes had grown rather declined in the three months to December. In addition, the pace of growth was at its highest level since June 2004 and further growth was expected over the next three months.

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