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Business growth returns across financial services sector in second quarter
Among the results, expectations for IT spending are at their strongest in nearly two years.
Business volumes across the financial services sector in the second quarter grew at its fastest pace since June 2017, after stalling in the previous quarter.
Growth in business volumes across the financial sector in the second quarter was at 40 per cent, its fastest pace since June 2017, and is expected to continue in the next quarter, according to the results of a survey by the Confederation of British Industry (CBI) and PwC.
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Optimism improved in the three months to June, but to a lesser extent than the previous quarter, marking the fourth consecutive quarter of rising sentiment.