The latest national Business Confidence Monitor (BCM) shows that business sentiment deteriorated further into negative territory in Q3 2025. This increased pessimism is underpinned by elevated concern over the tax burden, as well as above-average inflation and weak domestic and export sales growth eroding businesses’ profit margins.

The latest national Business Confidence Monitor (BCM) shows that business sentiment deteriorated further into negative territory in Q3 2025. This increased pessimism is underpinned by elevated concern over the tax burden, as well as above-average inflation and weak exports sales growth, eroding businesses’ profit margins.

In March, ICAEW Midlands launched an exciting new initiative, bringing together members from ICAEW, RICS, CIPFA, CIOT, and Birmingham Law Society at two collaboration lunches.