National
UK Business Confidence Monitor: National
- Report
The latest Business Confidence Monitor (BCM) for Q2 2024 shows a sustained increase in confidence and is now at its highest level for two years, as businesses expect falling input price inflation to support further growth in demand and improved profits in the year ahead.
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About BCM and methodology
- Article
- ICAEW
One of the largest and most comprehensive quarterly surveys, running for 20 years, the BCM includes a vast range of indicators and provides an authoritative and authentic voice on the economy and business issues.
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Business confidence highest for two years but national living wage increase ups costs
- Press release
- ICAEW
Lower inflation and strong hopes for sales growth helped business confidence in the UK rise to its highest level in over two years, a survey of business leaders published today (Wednesday 10 July) has found.
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Nations and regions
London
Q2: London’s business confidence improves further and moves ahead of the UK average
Yorkshire & Humber
Q2: Business confidence declines despite encouraging signs of recovery
East Midlands
Q2: Business confidence in the East Midlands improves slightly but lags the UK
East of England
Q2: Business confidence strengthens and is now the highest in the UK
Sectors
Manufacturing & Engineering
Q2: Business Confidence Index stays positive for Manufacturing & Engineering
Retail & Wholesale
Q2: Retailers and wholesalers are not sharing the confidence improvements seen elsewhere.