The confidence of British business appears to be on the rise again. After weakening in July the Purchasing Managers Index rose from 48.3in July to 53.3 in August. The joint highest month on month increase since the index began 25 years ago. I believe this reflects that fact that after the initial shock of the vote to leave the EU British businesses are realising that actually life outside the EU will not be all that bad after all. Life goes on. Other Europeans will still want to buy our goods (and just as importantly Europeans will still want to sell to us). Moreover, it will be easier once we leave for us to make trade deals with the rest of the World opening up whole new opportunities for UK business.