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30/06/2008 - In denial or just depressed? ...View

31/01/2008 - Business confidence at two year low ...View

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31/01/2008 - Business confidence at two year low

The Q4 2007 Institute of Chartered Accountants in England and Wales (ICAEW) BCM (Business Confidence Monitor) survey shows a wide spread knock to confidence.

6 months ago over 60% of businesses surveyed by the ICAEW in their BCM survey were more optimistic about the future than their current trading. One in four of those optimistic businesses have since had reverses of sentiment and are more pessimistic about the future than their current trading situation.

While business headlines have focussed on Property and Banking sectors the reversal of confidence surveyed was widespread and encompassed retail, wholesale, manufacturing and engineering sectors as well.



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