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Business optimism reaches 22 year high

A recent survey has shown that business optimism is at its highest level since the 1990s, as a result of the improving economic recovery.

The figures, compiled by business consultants BDO, are the highest since the optimism index began 22 years ago, with further improvements expected in the next six months.

While the improving mood indicates additional falls in unemployment for 2014, BDO predicts that wages will not increase in line with inflation.

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