UK business confidence plummets

Optimism hits a six-month low: Business Trends report – BDO/LLP

  • The optimism index – which predicts business performance two quarters ahead – has hit a six-month low, falling for the fourth consecutive month from 95.5 in May to 93.5 in June.  This is the lowest reading since December 2011
  • The otput index – which forecasts business conditions in one quarter’s time – fell from 96.7 to 94.8. This is the single biggest monthly fall in the index since June 2011
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s