British firms reluctant to hire despite record-high confidence levels

British businesses are reluctant to ramp up hiring quickly even as their confidence levels hit record highs, a survey showed on Monday, bolstering the Bank of England’s argument that unemployment is likely to fall only slowly.

via Business feed http://www.scmp.com/business/economy/article/1353239/british-firms-reluctant-hire-despite-record-high-confidence-levels