UK business confidence in crisis, new report says

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UK business confidence in crisis, new report says

//business-finance.news-articles.net/content/202 .. siness-confidence-in-crisis-new-report-says.html

Published in Business and Finance on Wednesday, March 5th 2025 at 8:21 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

More than three quarters of bosses have low confidence in the UK business environment, according to a survey by the Adam Smith Institute (ASI) think tank. The ASI Business Confidence Survey took the temperature of 192 business leaders,

165x110/5699 Bytes

The article from MSN discusses a significant decline in UK business confidence as reported by the Institute of Directors (IoD). According to the IoD's latest Economic Confidence Index, business confidence has plummeted to levels not seen since the financial crisis of 2009, excluding the exceptional circumstances of the global health crisis. The report highlights that economic uncertainty, high inflation, and rising interest rates are major contributors to this downturn. Businesses are facing increased costs, reduced consumer spending, and difficulties in planning for the future due to these economic pressures. The IoD calls for government intervention to stabilize the economy, suggesting measures like tax incentives and support for investment to help businesses navigate through these challenging times.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/uk-business-confidence-in-crisis-new-report-says/ar-AA1Ai5GY ]