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UK business confidence dropped sharply in September, with manufacturing at a two-year low.
UK business confidence fell 12 points to 42% in September, with all major sectors reporting lower sentiment, led by manufacturing’s two-year low of 31%.
The West Midlands saw the sharpest drop, down 24 points to 39%, while the North West fell 20 points to 27%.
Despite the decline, confidence remains above long-term averages, with firms prioritizing workforce training, innovation, and market expansion.
The North East led with 68%, followed by London at 57%.
Expected Bank of England rate cuts and stable bond yields may support outlooks.
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La confianza de las empresas del Reino Unido se redujo drásticamente en septiembre, con la industria manufacturera en su nivel más bajo en dos años.