Cookies on the Attwoods website

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the Attwoods website.

Open

Latest news

Explore insightful perspectives and expert advice on finance

Home |Latest news |CBI survey reveals continued deterioration in business confidence

Latest news

Browse by category
Business News

CBI survey reveals continued deterioration in business confidence

December 01 2022

A survey carried out by the Confederation of British Industry (CBI) has revealed that business confidence has continued to deteriorate across the UK services sector.

Confidence amongst firms in the services sector deteriorated in the last quarter, the CBI found. According to the business group the decline was 'particularly sharp' in business and professional services, where sentiment fell at the fastest pace since May 2020.

The survey also showed that profitability declined in the three months to November.

Commenting on the findings, Charlotte Dendy, Head of Economic Surveys at the CBI, said: 'Strong cost and price pressures are continuing to hurt services firms, damaging optimism and investment intentions and hitting profitability.

'While firms welcomed aspects of the Autumn Statement, the sector is looking for longer-term measures from government to spur business investment and bolster confidence into 2023 and beyond. In particular, firms want government to focus on growth by fighting inflation and the recession together.'

Here to help

Please complete the form below and our expert team will be in touch.

  • Contact details

    • *
    • *

  • What services are you interested in?

    • *

  • Message

    • *

  • Which location would you like to contact?

  • Communication

    • *Indicates a required fields.†At least one form of contact is required.

      By submitting this form, you agree that Attwoods can process your information in order to respond to your enquiry. For more information visit our Privacy Policy.

Bromsgrove
Bromsgrove

Attwoods is proudly based in the historic market town of Bromsgrove, Worcestershire

  • 182 Worcester Road
  • Bromsgrove
  • Worcestershire
  • B61 7AZ
Call us01527 874170
Learn more about BromsgroveGet in touch
Evesham
Evesham

Attwoods is proudly based in the picturesque town of Evesham, Worcestershire; nestled in the heart of the Vale of Evesham

  • 90-92 High Street
  • Evesham
  • Worcestershire
  • WR11 4EU
Call us01386 424388
Learn more about EveshamGet in touch
Pershore
Pershore

Attwoods is proudly based in the Georgian market town of Pershore, Worcestershire.

  • Perrott House
  • 17 Bridge Street
  • Pershore
  • Worcestershire
  • WR10 1AJ
Call us01386 554870
Learn more about PershoreGet in touch
  • Xero Logo
  • Gold Partner Logo
  • Sage
  • QuickBooks Platinum

The practices of Attwoods are carried on by Attwoods Accountants Limited, Attwoods Business Services Limited, Attwoods (Bromsgrove) Limited. Regulated for a range of investment business activities by the Association of Chartered Certified Accountants.