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<p>The latest ICAEW Business Confidence Monitor (BCM) shows that business confidence
has not fallen significantly this quarter.</p><p> </p><p>According to the Office for
National Statistics, the UK economy picked up in the first three months of the year
- Growth was 0.5% in the quarter, up from 0.2% in the previous three months. The employment
rate (16-64) remained at 76.1%– at a record high. Employment increased by 99,000 on
the quarter, standing at 32.7m – remaining broadly unchanged on the last labour market
statistics release.</p>
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