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ICAEW Business Confidence Monitor (BCM): South West
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 exports sales growth eroding businesses’ profit margins.
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ICAEW Business Confidence Monitor (BCM): South West
- Report
- 28 Oct 2025
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 exports sales growth eroding businesses’ profit margins.