National
UK Business Confidence Monitor: National
The latest Business Confidence Monitor (BCM) for Q1 2024 shows a significant improvement in sentiment compared to weak yet positive confidence in the previous quarter and the average for 2023. The index rose above its pre-pandemic average for the first time since Q1 2022, as economic prospects brightened.
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About BCM and methodology
One of the largest and most comprehensive quarterly surveys, running for 20 years, the BCM includes a vast range of indicators and provides an authoritative and authentic voice on the economy and business issues.
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Business confidence hits two-year high but investment outlook remains weak
Business confidence in the UK has more than tripled as economic conditions improved, surpassing the pre-pandemic average for the first time in two years, a survey of business leaders published today (Wednesday 24 April) has found.
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Nations and regions
Yorkshire & Humber
Q1: Business confidence rebounds and is now the highest in the UK.
Sectors
Construction
Q1: Business Confidence rises to highest level in two and a half years.
Energy, Water & Mining
Q1: Business Confidence Index climbs out of negative territory.
Manufacturing & Engineering
Q1: Business Confidence Index stays positive for Manufacturing & Engineering.