US EditionMarket Turmoil Battering Business Confidence
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Business confidence falls into negative as tax and tariff woes set in - Credit Connect
Business confidence fell into negative territory for the first time in over two years in the first quarter of 2025, as worries over this month’s surge in business costs and US tariffs wreaked havoc, according to ICAEW research. The Business Confidence Monitor (BCM) for Q1 2025 put confidence at -3 on the index, the weakest reading since Q4 2022 and down from 0.2 in the previous quarter. Historically, negative confidence readings have generally c…
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