UK Economic Optimism At Highest Since August 2007

LONDON (Dow Jones)- U.K. economic optimism is now at its highest level since August 2007, an Ipsos MORI published Monday shows.

However, those who think the economy will get worse over the next 12 months (52%) still outnumber those who think it will improve (23%).

The company’s Economic Optimism Index, namely those who think it will get better minus those who think it will get worse, is therefore -29, an 11 point improvement on last month and the most positive score measured since August 2007, said Ipsos MORI in a press release.

Full story: http://extranet.ipsos-mori.com/newsletter/politicalmonitor/march/

-London bureau, Dow Jones Newswires; +44 (0)20 78 42 9330; generaldesklondon@dowjones.com

(END) Dow Jones Newswires

March 23, 2009 11:57 ET (15:57 GMT)

Copyright 2009 Dow Jones & Company, Inc.

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