Poll shows highest UK business confidence levels for three years

Key economic measures swing positive for the first time since Brexit referendum, says IoD

Business confidence in the British economy has leaped to its highest level for more than three years following the Conservatives' election win, according to a survey of company directors.

For the first time since spring 2018, firms have become optimistic about the economic outlook, with a key confidence measure swinging into positive territory and hitting 21% in December, up from -18% in November.