Accès direct au contenu

Retour rapide vers l'accueil

Confidence ebbs to two-year low

The Guardian, 10 October 2011
Publié le : 10 octobre 2011
 Martin Farrer 

Business confidence is at its lowest point since the recession as the euro debt crisis and slowing global growth take their toll on companies, according to two surveys published today.

Optimism among chief financial officers of leading UK firms fell for the third quarter in a row between July and September, says the latest Deloitte CFO survey, with the outlook at its lowest level since early 2009, when the UK was in recession. Nearly half of those executives questioned - 43% - believe that the UK will fall back into recession, up from 33% last quarter.

In addition, confidence in the manufacturing and service sectors has declined to a two-year low, according to the latest Business Trends report by the accountants BDO. For the first time since July 2009, both the manufacturing and service sectors are showing optimism levels below the 95 mark that indicates growth. Confidence in the manufacturing sector is particularly low. Its optimism score has fallen from 116.4 to 88.2 in seven months.

Read on...

Share this news story on facebook
More on Business and Economy
Mise à jour le 10 octobre 2011
Créé le 10 octobre 2011
ISSN 2107-7029
DGESCO Clé des Langues