Business confidence drops at fastest pace for over three years Economics The optimism index dropped 5.8 points to 93.49 in November, which was the largest monthly fall since August 2021.
These two mistakes are making today’s Budget harder than it needs to be Opinion The problem with Rachel Reeves promising both ‘stability’ and ‘growth’ is that the two can be mutually exclusive. Governments do not create growth; businesses do and they rely on innovation and risk taking, says Alys Denby Not since George Osborne’s ‘caesar’ cut has a Chancellor’s hair-do caused such a sensation. Did Rachel Reeves’ newly auburn [...]
Businesses ‘cautious’ about the future as tax fears dominate, survey shows Business This was the first time in a year that business confidence had decreased, although the ICAEW noted that confidence was still double the pre-pandemic average.
Businesses ‘clearly anxious’ as budget approaches, survey shows October 8, 2024 The BCC's quarterly economic survey showed that 48 per cent of firms cited taxation as a worry, up from 36 per cent the quarter before.
Business confidence ticks down ahead of Budget September 30, 2024 Business confidence dropped to a three-month low in September, in yet another sign of firms adapting to the sombre tone ahead of the Budget.
Optimism among UK SMEs rises for third straight year September 23, 2024 Optimism among the UK’s small and medium-sized businesses has grown for a third consecutive year in a positive sign for the domestic economy, according to fresh data. Around seven in ten SMEs said they felt confident about the future of their company, rising from 67 per cent in 2023 and 65 per cent in 2022, [...]
UK business confidence steady at almost nine-year high in August August 30, 2024 UK business confidence remained at an almost nine-year high in August, a closely-watched survey has suggested, in a positive sign for the country's economic prospects.
Signs of ‘recovery and stability’ surface for Britain’s SMEs August 29, 2024 Signs of 'recovery and stability' for Britain's small and medium-sized enterprises (SMEs) have surfaced amid an increase in broker optimism.
Business confidence rebounds to eight year high following dip in June July 31, 2024 Business confidence rebounded sharply in July, a survey revealed, as firms felt a renewed sense of optimism about the UK’s economic prospects. Overall business confidence jumped by nine points to 50 per cent this month, according to Lloyds’ Business Barometer. The rebound in confidence during July brought business confidence back up to May’s level, which [...]
Business confidence rises to highest level in two years but concerns over costs remain July 10, 2024 "These figures suggest that businesses shrugged off any distraction caused by the general election, as lower inflation and stronger expected sales growth drove an encouraging uptick in confidence in the second quarter," Suren Thiru, ICAEW economics director, said.