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flag UK business confidence hits lowest pandemic level due to war, energy costs, and inflation fears.

flag Confidence among UK companies has dropped to its lowest level since the start of the COVID-19 pandemic, according to a Deloitte survey of chief financial officers. flag The decline is attributed to the ongoing war in the Middle East, rising energy prices, and fears of higher inflation and interest rates. flag CFOs are prioritizing cost control, with a majority planning to reduce hiring and investment over the next year.

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