Logo Top Home  About the Institution of Operations Management  Contact Us  Shopping Basket  Member Login  Forum 
Institute of Operations Management
Membership Education and Training Events Learning Resources Journal and News Members Only
 
Search Options
Click here to Search the Website
Join the IOM Today
Find us on LinkedIn
Read about APICS
Operations Management News RSS feed Why not subscribe to our RSS feed of IOM News?

Optimism growing among services companies

13 April 2010
Add to: Digg Add to: Del.icio.us Add to: Facebook Add to: Furl Add to: Google Add to: Live Spaces Add to: MySpace Add to: StumbleUpon Add to: Twitter
Optimism growing among services companiesBusinesses operating in the UK''s services sector are becoming more confident about their prospects, a new study has found.

Research by Lloyds TSB indicated a rise of five per cent in optimism among such firms to balance of 51 per cent, as the sector recovers from the recession.

Those working in operations management within the services industry may be interested to learn the Corporate Markets Business Barometer indicated that overall confidence in their economic prospects has grown among UK companies to the highest rate since January 2008, although many respondents remained cautious.

According to the poll, optimism is rising and 54 per cent of enterprises predict an increase in business activity during 2010, compared with just five per cent expecting it to slow.

This resulted in a balance of +49, compared with +46 in February, with smaller firms most optimistic about their outlook for this year.

Services specialists looking for operations training courses are also advised the latest Purchasing Managers'' Index stood at 56.5 in March, indicating the sector is witnessing signs of activity increasing steadily.ADNFCR-3058-ID-19717986-ADNFCR
Bookmark this Article Link to this Article Subscribe to the IOM Newsletter Send this Article to a Friend/Colleague

Related News

Stobart attempts to enhance performance of chilled operations
18 May 2012
A proposed restructuring of its chilled transport operations by Stobart Group is expected to save the firm £1.5 million a year.
Operations management could reduce wasted meeting time
11 May 2012
British companies could save billions each year by cutting down on time wasted in meetings.
Tough retail conditions make operations management more important
8 May 2012
Companies in the UK retail sector are experiencing difficult trading conditions as consumer spending remains sluggish.
Consumer confidence stabilises in April
1 May 2012
The UK saw consumer confidence remain at the same level witnessed in March during April this year.

Link To This Article

Copy and Paste the following HTML into your page.
 
The Institute of Operations Management, CILT(UK), Earlstrees Court, Earlstrees Road, Corby, Northants NN17 4AX.
Tel: 01536 740105. Fax: 01536 740101. Email: info@iomnet.org.uk
    © 2012, The Institute of Operations Management.     Help |  Site Map |  Legal Disclaimer |  Privacy Policy Designed By ZARR