September 4, 2021

Confidence at City firms falls as fears over austerity measures take their toll

first_img Confidence at City firms falls as fears over austerity measures take their toll by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsfashionblast.clubFashionistas Choose These T-Shirts For This Summerfashionblast.clubStar Law NewsRon Howard Is 67 Years Old Now And He Is Still With His PartnerStar Law NewsChillingHistory.com20 Captivating Historical Photographs That You Have To See (20 Pics)ChillingHistory.comNext RefinanceThis Is Why The Roy Rogers Museum Has Been Closed For GoodNext RefinanceHealthUpon ChildrenBe Careful With that Soft Spot! and Other Things You Need To Know About BabyHealthUpon ChildrenTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tuesday 31 August 2010 8:49 pm Share whatsapp KCS-content center_img whatsapp CONFIDENCE levels held by City businesses have dipped, according to new research, despite firms seeing a general rise in turnover and profits.The business confidence monitor survey, conducted by accountants Grant Thornton and the Institute of Chartered Accountants for England and Wales (ICAEW), found that confidence amongst London’s businesses has fallen in the last three months as uncertainty over austerity measures have taken its toll.Ian Strange, ICAEW’s London regional director, said: “Businesses in the capital are now facing the challenge of surviving the recovery. They still don’t know what the future holds and are uncertain about how the mood of fiscal austerity will impact on the economic recovery.”The survey’s confidence index, which ranks overall responses to the survey, fell from 28.1 points during the last quarter to 25.9 this quarter, indicating that businesses are weary about future growth.However, the survey also found that 1.7 per cent of London firms saw revenue grow over the year, while 1.5 per cent reported a rise in profits. Tags: NULL More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼last_img

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