Directors’ confidence in UK economy falling off a cliff

Directors have been the least optimistic about the UK economy since winter lockdown. Directors’ confidence even fell off a cliff in September.
Energy and tax bills have already spiked and a fuel crisis is biting while the government gradually withdraws its support for workers. Bloomberg said that people running small and medium-sized businesses are broadly negative about the economic outlook for the first time since February.
According to an Institute of Directors survey released Thursday, the findings are in contrast to a surge in confidence during the summer.