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A gauge of sentiment rose “markedly” in the fourth quarter, though it remained weak by historical standards, the London-based group said in a quarterly survey today. Measures of domestic and export orders at both manufacturers and services companies rose.
“The economy is making progress, despite the numerous challenges it has faced”, said BCC Director General, John Longworth. “Despite rising business confidence that the outlook will improve, it is clear that economic growth remains weak and that nurturing it must be a top priority.”