Big Drop in Region's Business Confidence

Summary


Business confidence in the South West has fallen to its lowest level in 18 months, according to a survey released by the Institute of Chartered Accountants in England & Wales.

The latest quarterly UK Business Confidence Monitor (BCM) from ICAEW shows a fall in confidence in the region from +10.5 last quarter to +2.7. Throughout the country, the economic outlook worsened in every region except the East of England.

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Extract


Big Drop in Region's Business Confidence

The drop in business confidence in the South West is mainly due to pessimism in the business services sector...

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