UK CFOs remain cautious but optimistic, Deloitte finds

Quarterly survey reveals that UK finance professionals may be feeling more upbeat about prospects, but that this is yet to translate into a willingness to take greater risk onto balance sheets.

Some 36% of respondents to Deloitte’s 67th quarterly survey of chief financial officers and group finance directors of large companies in the UK say that their businesses were facing high or very high levels of uncertainty.

This figure was the lowest recorded since the summer of 2021 when national lockdown restrictions were ending.

A net 17% are more positive about the financial prospects of their business than they were three months ago.

“We are definitely seeing renewed optimism from large corporate clients,” says Scott Barton, managing director and head of corporate coverage at Lloyds Bank Corporate & Institutional Banking.

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