National
UK Business Confidence Monitor: National
- Report
The latest national Business Confidence Monitor (BCM) for Q3 2024 shows a slight drop in sentiment. However, confidence remains high as businesses continue to expect sales and profits growth to improve significantly 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 down as fears grow over tax burden
- Press release
- ICAEW
Business confidence fell for the first time in a year as tax fears hit a joint record high ahead of the Autumn Budget, a survey of 1,000 UK business leaders published today (Wednesday 9 October) has found.
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Nations and regions
Scotland
Q3: Scottish confidence dips slightly but remains in line with the UK average.
East of England
Q3: Business confidence in the East of England falls below the national average.
South West
Q3: Modest improvement in confidence lifts the South West near to the UK average.
South East
Q3: Business confidence in the South East remains among the highest in the UK.
Sectors
Construction
Q3: Construction is now the most confident sector as sentiment edges up again.
Manufacturing & Engineering
Q3: Business confidence weakens slightly and remains below the UK average
Retail & Wholesale
Q3: Confidence among Retail & Wholesalers at its highest in over three years.