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UK economic recovery boosts financial firms' profits, jobs -survey
Britain's financial services industry is beginning to feel the benefits of economic recovery, as firms report growth in profits, business volumes and optimism in the fourth quarter, according to a survey. Some 69 percent of firms said they felt more optimistic about the overall business situation versus just 1 percent who felt less optimistic, the quarterly CBI/PwC financial services survey showed on Monday. The positive balance of 68 percent was the highest since the survey began in 1989. The survey is based on the balance of firms reporting an increase and those reporting a decrease. The survey, covering the three ... (full story)
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