The Institute for Public Policy research has handed graduates a boost by suggesting that the economy will recover in time and that businesses will start to get their confidence back in the next two years. Many companies have been forced to cut back on their recruitment - especially when it comes to graduates, but buoyed by renewed confidence, they could begin to more extensively scour the pool of degree-level talent. Tony Dolphin, senior economist for the Institute of Public Policy Research, said that the economy is heading back to "normality" and as a whole the country is becoming more confident about the economy. He said: "A few years down the line the economy will be back to looking recognisable. We are getting back to normality. "Part of that will be about businesses getting their confidence back and households getting their confidence back. If businesses are not confident, then we won't get back to normal. If they are confident, then they will." His comments came in response to a report by BDO LLP that claimed otherwise, suggesting that businesses will not return back to pre-recession levels for another five years.
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