13December2017

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Although business confidence across the UK remains negative, the East of England region has bounced back into a positive position according to the latest ICAEW Business Confidence Monitor™ (BCM). Defying the uncertainty surrounding the current political and economic environments, confidence has improved and become marginally positive (+0.7) in Q4 2017.

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Business confidence in the East of England has fallen back into negative territory, reversing the gains made in Q2 2017, according to the latest ICAEW Business Confidence Monitor™ (BCM). A snap general election, the hung parliament and the hesitant progress of negotiations with the EU has meant businesses in the region are now adopting a more cautious, wait-and-see approach.

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Business confidence has fallen to its lowest level in the East of England since Q2 2009, according to the latest ICAEW Business Confidence Monitor (BCM). Despite this negative reading, businesses in the region anticipate some improvement in the year ahead.

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