British technology and financial services firms propelled the fastest private-sector expansion in nearly two years, a closely watched survey revealed. Bosses greenlit new projects following the recent budget, signaling a decisive shift in business confidence and investment appetite across key industries.

This surge marks a pivotal moment for the UK economy, suggesting a potential rebound from recent stagnation. The budget appears to have unlocked corporate spending, with tech and finance leading the charge. Investors will watch whether this momentum can broaden to manufacturing and retail sectors in coming months.

The data points to a more optimistic outlook for corporate earnings and deal-making. If sustained, this growth could influence Bank of England rate decisions and attract foreign investment. The next survey will be critical to confirm whether this marks a temporary spike or a durable recovery trend.