UK Business Confidence Hits Lowest Level Since 2020
A Deloitte survey shows UK corporate confidence fell to -57% in late March. Large firms are prioritizing cost reduction and reduced hiring amid rising costs.
Xurve View
Xurve View
Corporate confidence within the United Kingdom has plummeted to its lowest level since the onset of the COVID-19 pandemic, as geopolitical tensions involving Iran fuel concerns over energy prices and interest rates. According to the latest quarterly survey from Deloitte, net business confidence among chief financial officers (CFOs) tumbled to -57% in the latter half of March, down from -13% at the end of 2025. This represents the most significant dip in sentiment since the first quarter of 2020.
