Business optimism and hiring has surged, reports The Telegraph, as bosses pin their hopes of recovery on the vaccine.
According to analysis by the Institute of Directors (IoD), Britain became the first country in the world to approve a jab by Pfizer, and executives are now as positive as they were after the first lockdown, that the vaccine could restore life to normal within months.
Tej Parikh, the IoD chief economist, said: “At long last, business leaders have something to aim at. The arrival of a vaccine provides some light at the end of the tunnel.
Hiring has also climbed as companies look past the pandemic, with November showing as the best month since February for the posting of new jobs, according to data from Reed, the recruitment firm, that found more than 169,000 jobs were added during November.
James Reed, chairman said: “Although the chancellor offered a negative outlook in his spending review, our research tells a different story."
READ MORE: https://www.telegraph.co.uk/business/2020/12/07/jobs-rise-around-britain-business-confidence-surges-vaccine/?WT.mc_id=tmgliveapp_iosshare_AwWS5xRvqzby&fbclid=IwAR0P1daeNjDo_aQRl8tDRSwjZyYt9XlkTt7EUeNTzpYJaxF5B2X4BAAwG1g
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