Wednesday 21 March 2012

Bank of England notes rise of the energy consultants

Energy consultants are riding a wave of economic growth, according to agents at the Bank of England.

The Bank today released its latest monthly report on business conditions in the UK, which notes energy consultancy services were a "source of growth".

This was against a wider backdrop of growth in the services sector, with the report stating: "A rising number of firms reported that they were expanding into new markets, or were exporting for the first time."

It is the first time energy consultancy has been singled out in the report, which is a mixture of figures and anecdotal evidence which is gathered by the Bank's agents across the UK.