UK business optimism hits two-year low as CFOs plan cost cuts amid rising costs, high inflation.

UK business optimism is at a two-year low due to rising costs and high inflation, with CFOs planning to cut costs and limit hiring. The National Insurance Contributions increase is a significant factor, leading to the sharpest fall in employment expectations since the start of the pandemic. Despite this, the UK is still seen as a more attractive investment location than the euro area, but less so than the US.

2 months ago
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