Director sentiment defies property market pessimists | The Negotiator Magazine
Finance directors of the UK’s largest companies have revealed an optimistic outlook for 2011, which flies in the face of property doom merchants' market stagnation warnings.
The 126 chief financial officers polled by accountancy firm Deloitte between December 7 and 17, which included the CFOs of 35 FTSE 100 and 45 FTSE 250 companies, reveal a renewed confidence and focus on growth for the New Year, with their fears of a double dip having now abated.
Their focus, the survey reveals, has shifted from defensive to expansionary strategies, including taking on new staff and undertaking capital expenditure in line with a growth in their risk appetite.
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