Rich people’s problems: Confidence in economy hits record low among wealthy Brits Business Confidence in the economy among high net worth Brits has tanked since the election of a Labour government last summer, according to data from the Saltus Wealth Index. The study, which questioned 2,000 people in the UK with assets of £250,000 or more, revealed just under half – 48 per cent – of these so-called [...]
The government is on a charm offensive in Davos, but businesses are sceptical Opinion UK business confidence is set to decline compared to 2024, with more than half of all UK executives expecting business risks to increase in the year ahead, says Heather Blundell Chancellor Rachel Reeves has attended the World Economic Forum’s annual meeting in Davos this week with a clear mission – to convince global CEOs and [...]
UK entrepreneurs have mixed views on Trump agenda Politics Two thirds of British entrepreneurs see Donald Trump’s second term in office as “good for business” as it could provide opportunities for expansion and growth, but fears linger of the impact of US trade policy. Helm, a group of 400 UK entrepreneurs with a combined revenue of £8bn, found that while 66 per cent of [...]
Business confidence takes ‘large dive’ in September as budget fears intensify October 1, 2024 Optimism in the economic outlook fell to its lowest level since 2022.
Business confidence ticks down ahead of Budget September 30, 2024 Business confidence dropped to a three-month low in September, in yet another sign of firms adapting to the sombre tone ahead of the Budget.