Business Confidence Lowest 21 Years

Business Confidence Lowest 21 Years.

A survey by accountancy firm, BDO, suggests that UK business confidence has hit an all-time low.

BDO started is business confidence index 21 years ago and there latest research suggests that UK business owners are less optimistic than they have been for the last 21 years.

Our view
Yo-Yo US and Worldwide growth, weak UK growth, little financial stimulus or incentives from the Government, even QE being frozen for some time is mounting pressure on both Prime Minister David Cameron and Chancellor George Osborne, as we head towards the budget in March.

Both the Chancellor and Prime Minister have made calls last week for the Bank of England to ‘loosen its purse strings’.  
We expect a fair amount of business stimulus to be in the Budget.  Employment red tape also need to be removed.  

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