Business & Finance
Business and Finance
Business and Finance
Sun, December 1, 2024
[ 06:01 AM ] - Bill Williamson
[ 05:30 AM ] - Bill Williamson
[ 04:31 AM ] - Bill Williamson
[ 04:31 AM ] - Bill Williamson
[ 04:31 AM ] - Bill Williamson
[ 04:31 AM ] - Bill Williamson
[ 02:30 AM ] - Bill Williamson
[ 01:30 AM ] - Bill Williamson
[ 01:00 AM ] - Bill Williamson
[ 12:30 AM ] - Bill Williamson
Sat, November 30, 2024
[ 10:00 PM ] - Bill Williamson
[ 09:30 PM ] - Bill Williamson
[ 09:30 PM ] - Bill Williamson
[ 09:00 PM ] - Bill Williamson
[ 08:30 PM ] - Bill Williamson
UK business confidence lowest since COVID pandemic, IoD says
- Britain's Institute of Directors said on Sunday that optimism among its members had fallen to the lowest since the onset of the COVID-19 pandemic, following tax rises in finance minister Rachel Reeves' first budget on Oct.
The UK's business confidence has plummeted to its lowest level since the Covid-19 pandemic, according to a survey by the Institute of Directors (IoD) released on December 1, 2024. The IoD's economic confidence index dropped to -34 in November from -25 in October, reflecting heightened concerns among business leaders about the economic outlook. This decline is attributed to ongoing economic challenges, including high inflation, rising interest rates, and geopolitical uncertainties. The survey also highlighted a significant drop in optimism regarding the domestic economy, with only 27% of directors expecting an improvement in the next 12 months, down from 35% the previous month. Additionally, the report noted a decrease in business activity, with fewer firms planning to invest or expand, signaling a cautious approach to future growth amidst the prevailing economic conditions.
Read the Full Reuters Article at:
[ https://www.reuters.com/world/uk/uk-business-confidence-lowest-since-covid-pandemic-iod-says-2024-12-01/ ]
Read the Full Reuters Article at:
[ https://www.reuters.com/world/uk/uk-business-confidence-lowest-since-covid-pandemic-iod-says-2024-12-01/ ]
