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Uncertain 2011 as business confidence falls sharply

Tuesday, November 23, 2010 | Posted by: Fiona Cullinan
Categories: Economy, Thought Leadership | Tags: economy, video, retail, Scott Barnes, recovery, ICAEW, engineering, Michael Izza, manufacturing, construction, business news, confidence, BCM, Business confidence monitor, demand

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UK businesses have lowered expectations for 2011 as business confidence weakened once more in Q4, according to the latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM). This suggests that economic growth next year will be slower than forecast with companies reluctant to invest and back the recovery.

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