The Institute of Chartered Accountants’ (ICAEW) latest Business Confidence Monitor makes unhappy reading. One of the largest and most comprehensive quarterly reviews of UK business confidence, the report shows business confidence is now in negative territory reflecting mixed economic news and political uncertainty.

The report highlights the need for business to move away from a focus on managing cost in the short term and towards longer term investment. That’s hard to do when there is uncertainty but without investment in the future, business and the UK will be unable exploit long term growth opportunities.

www.icaew.com/bcm

 

Pippa Bourne

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