U.K. economy is now stronger under Labour

[Notch7]

Despite the cherry picking by the Tory client media, the UK economy is now stronger under Labour.

We are getting consistent growth, albeit hampered by Trump's tariffs, and business confidence is at the highest level since before the brexit referendum.

Deloitte CFO study

• CFOs rank the UK as the joint top location for investment, alongside India
• Risk appetite among finance leaders has increased, with 17% believing now is a good time to take greater risk onto their balance sheets
• UK corporates are moving away from defensive strategies for the first time in a year
• Geopolitics continues to be rated as the top risk to business by finance leaders
• CFOs now expect inflation to decline to 2.9% by the middle of next year and expect the Bank of England to lower its base rate to 3.75% over the next 12 months, down from its current rate of 4.25%

“These results reveal a shift in sentiment with the UK now viewed as a leading global investment destination. This renewed confidence, coupled with a rise in risk appetite, is welcome and underscores the considerable investment potential the UK offers.

CFO Survey

The quarterly Deloitte CFO Survey has been gauging sentiment and balance-sheet strategies among the UK’s largest businesses since 2007.

www.deloitte.com

 

[MNW67]

That's a surprise. But a welcome one.

 

[Notch7]

Is it just the one positive report……no.

There is more:

Reuters:

UK business confidence levels hit highest since 2015, Lloyds says​

LONDON, June 30 (Reuters) - Confidence levels among British employers hit a fresh nine-year high this month as companies became more optimistic about the outlook for the economy, according to a survey published on Monday.
The Lloyds Bank Business Barometer rose by one point to 51%, the highest since November 2015, adding to an 11-point jump in May following a tumble in April when U.S. President Donald Trumpannounced a big jump in import tariffs, many of which have since been suspended

https://www.reuters.com/world/uk/uk-business-confidence-levels-hit-highest-since-2015-lloyds-says-2025-06-29/

 

[Notch7]

FT

“The strong grounds for optimism for the UK economy”

Client Challenge

 

[MNW67]

Flippin eck. Who'd have thought it.

 

[Murdochcat]

Only time will actually tell but seemingly the current data is pointing downwards

 

[Mottie]

FT

“The strong grounds for optimism for the UK economy”

Client Challenge

UK Business Confidence Monitor: National

The latest national Business Confidence Monitor (BCM) shows that business sentiment deteriorated further into negative territory in Q3 2025. This increased pessimism is underpinned by elevated concern over the tax burden as well as above-average inflation, and weak domestic and exports sales...

www.icaew.com