Carolina Jönsson, founding Director of Enlink Ltd, and Finance Director Kate Service.

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Swedish company leaders are getting more upbeat about the British economy as the UK government aims to slash a record public deficit and business confidence is on the rise.

"There is still a long way to go but there is little doubt that now is a very good time for companies seeking to be in at the beginning of the Great British recovery", Carolina Jönsson, founding Director of Enlink Ltd, told The Swedish Wire.

Enlink is an outsourced office services provider specializing in helping Swedish and Nordic companies with financial administration, accessing the UK market and setting up subsidiaries.

After taking power in May, the Conservative-Liberal Democrat coalition announced measures designed to save £81 billion ($131 billion, 92 billion euros) over five years. Analysts fear that the government's austerity drive will hinder growth this year. The economy is also troubled by surging inflation.

But optimism among company executives is growing. In a survey of more than 400 senior executives, the findings revealed a clear majority of corporates believe the new budget will make the UK more competitive internationally. Also Swedish companies seem to believe in a brighter British future.

“We believe that as confidence started to pick up in their home market, a few months before the UK, many Swedish companies ‘pushed the button’, as we noticed prospects from the first half of last year becoming more positive in their outlook”, Carolina Jönsson said.

“Anyone visiting the UK will now find that attitudes in most business are more positive and we believe that this is the main contributory fact that has ignited a new interest in the UK from abroad”.

Being based in the UK Midlands region, Enlink provides services to mainly manufacturing companies.

“We believe that this sector is probably taking slightly longer to revive, but there is generally a feeling of optimism”, she said.

Some high profile companies are certainly giving positive signals, she explained. Construction equipment manufacturer JCB has gone some way to restore normal production. Tata owned Jaguar has revised plans to close one of three plants in the Midlands and are now planning future investment in all three and Land Rover continue to thrive with excellent sales of the Range Rover.

Britain is once again a "world class place to launch new businesses" after George Osborne's Budget, say 39 of the country's leading venture capitalists, according to the Barclays Corporate 2011 Post-Budget Survey.

Optimism among U.K. financial services companies also grew in the first quarter to the highest level since before the start of the financial crisis in 2007, a poll showed Monday.

"A third quarter of strong volume growth shows the financial services recovery is building strength," Ian McCafferty, the CBI's chief economic adviser, told Wall Street Journal. "It is particularly good news that firms consider their level of business to be only slightly below normal, for the first time since the financial crisis began in 2007."

Britain's recession, sparked by the global financial crisis, ended in the final quarter of 2009.