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UK business confidence drops to 3-year low, survey shows - REUTERS

JANUARY 14, 2026

LONDON, Jan 14 (Reuters) - British businesses turned their most pessimistic in three years at the end of 2025 and their mood worsened after finance minister Rachel Reeves' budget at the end of November, a survey published on Wednesday showed.

The Institute of Chartered Accountants in England and Wales (ICAEW) said its gauge of business confidence fell to -11.1 in the fourth quarter, its lowest since the end of 2022 and down from -7.3 in third quarter.

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