Confidence gain may be temporary

Exiting the bailout has given businesses a boost in confidence, but the Association of Chartered Certified Accountants has warned it might be temporary.

In major markets, Ireland was outstripped only by the United Arab Emirates in terms of confidence, according to the Global Economic Conditions Survey carried out by the Association of Chartered Certified Accountants and Institute of Management Accountants.

The survey found 40% of respondents across Ireland reported confidence gains — a rise of 28% on the previous quarter’s findings.