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Britain's Financial Sector Reports Fastest Growth Since 1996 In Fourth Quarter - Cbi

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http://uk.reuters.com/article/2015/01/19/uk-britain-banks-cbi-idUKKBN0KS00620150119

Britain's financial sector reported the biggest upsurge in business in nearly 20 years in the final three months of last year, the Confederation of British Industry said on Monday.

The CBI said its quarterly financial services business volume index rose to +57 in December from +49 in September and its highest since December 1996.

"The upswing in growth among financial services firms continues on a solid footing, with overall optimism, business volumes and profits up," said Rain Newton-Smith, the CBI's director of economics.

The upbeat figures contrast with official data, which showed that financial services output in the three months to October was 3.2 percent lower than a year earlier.

Excellent news for rebalancing the economy!!!

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Britain's financial sector reported the biggest upsurge in business in nearly 20 years in the final three months of last year, the Confederation of British Industry said on Monday

Soon they'll have more business through the ditching of the Swiss Franc/euro peg and the ecb QE the economy is so healthy.

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