LONDON (Reuters) - British companies are the most downbeat about the outlook for their profits since the depths of the COVID-19 pandemic in late 2020 despite widespread plans to raise prices, a major survey showed on Thursday, adding to signs of gloom about the economy.
Only one in three businesses are confident their profits will increase in the coming year, while 39% expect a decline, according to the British Chambers of Commerce's (BCC) quarterly survey, the largest of its kind.
EXCLUSIVE: Daniel Marks Launches His Own Business, Townhouse Consultancy Ltd.
His plan is to work closely with a small group of high-profile, creative entrepreneurs, and his focus will be on "communications strategy and global profile building." He also plans to develop philanthropic platforms and partnerships for them.
"These individuals have extraordinary reach, convening power and true influence. Our role will be to be harness their profile for the greater good," Marks said.
Businesses in Ukraine remain resilient and open for international clients, survey shows
Payoneer surveyed over 4,000 tech businesses in Ukraine, with the results demonstrating the resilience being shown during the conflict
The survey reveals that 70% of Ukrainian SMBs are continuing to operate during the war with 63% of businesses able to retain most, if not all, of their staff and 38% of Ukrainian SMBs intending to hire more staff this year despite the war
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