Velvet classic

UK business confidence falls to record low amid rising employment costs

Survey of bosses shows energy prices also a concern, as Bank policymakers warn inflation may take longer to drop

Business confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey of bosses.

Topping the unease were labour costs, with energy prices also weighing on the outlook.

Continue reading…Survey of bosses shows energy prices also a concern, as Bank policymakers warn inflation may take longer to dropBusiness confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey of bosses.Topping the unease were labour costs, with energy prices also weighing on the outlook. Continue reading…

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