#inflation-and-cost-pressures

#inflation-and-cost-pressures

The latest reading of BDO's Optimism Index, which surveyed over 4,000 executives, shows confidence has dropped to levels last seen during the early stages of the pandemic, with businesses across the services and manufacturing sectors citing persistent inflation, rising costs and weak demand as key factors. The findings come at a fragile moment for the UK, as companies face ongoing uncertainty around interest rates, labour shortages and subdued consumer spending.