52% of UK companies expect their turnover to increase over the next 12 months, while 34% of companies have increased their turnover over the last three months.

According to the British Chambers of Commerce’s Quarterly Economic Survey, business confidence is improving from a weak base, but conditions have not yet changed significantly. The good news is that both the manufacturing and services sectors have moved out of the negative territory, at +13% and +11% respectively.

The BCC’s Quarterly Economic Survey is the largest independent survey and a key indicator of the UK economy.

For more details, click here to download the full survey.