Confidence Down

Business Confidence Down for 2008

Research from the Brtish Chambers of Commerce has revealed a less than favourable outlook from UK Business for the year ahead. Compared to last year, there is less confidence in both the economy and in the government’s ability to manage the country’s economy. When asked: “How do you think the British economy will fare over the next year compared to 2007?” 75% of business answered "Worse than 2007". Only 8% of respondants expected a better outlook. On a global scale, when asked the question: “How do you think the World economy will fare over next year compared to 2007?” The result was almost identical; 74% of respondants said "Worse than 2007" whereas 9% expected a better economic outlook. As for how the new Gordon Brown government is ... »