Irish business confidence continues to fall

BUSINESS confidence in Ireland continues to fall, according to a new survey.

Over the past six months confidence among Irish managers has fallen significantly, the latest survey by Deloitte & Touche shows.

However, the world’s top central bankers expect the global economy to pick up speed next year. Bank of England governor Edward George said the turmoil in financial markets has hurt growth prospects this year, but he forecast a gradual pickup next year.