Chief financial officers (CFO) are feeling more optimistic about their companies' financial futures.
A survey by Big Four accountancy firm Deloitte discovered that levels of levels of optimism regarding businesses prospects was at the highest level since the survey was first carried out two years ago.
Four out of five of those questioned also said that they believed the banking system was strong enough to sustain the economy.
However, 48 per cent were also worried that the economy could fall again and the country could experience a 'double dip' recession.
It was also discovered that although bank credit as a source of funding has become marginally more attractive to CFOs compared to last year, bond and equity issuance are now less popular ways for them to finance their businesses.
The last survey of CFOs from Deloitte was carried out in October last year. It found that although those questioned were optimistic about the prospects for their companies, they believed the recovery in their own markets would come slowly.
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