11 September 2026
Business leader confidence in the economy improves
The August data for the Institute of Directors’ Economic Confidence Index saw a rise in confidence among business leaders regarding the UK the economy, up from -63 to -49. However, they were slightly less confident than previously about the prospects of their own organisations, down from -2 to -5.
Despite that, their revenue expectations improved from +9 to +12, headcount confidence was slightly up from -7 to -6 and investment intentions rose from -13 to -9.
The UK economic conditions are still the biggest factor affecting business, though was slightly down. With Andy Burnham becoming PM, taxation concerns rose as a concern and tax uncertainty was considered to be one of the biggest things to be affecting growth and investment.
Global economic conditions fell from 43% to 36% as a source of concern, overtaken by compliance and regulation, and cost of energy as causes for concern.
Read more about the August IoD Economic Confidence Index.
Despite that, their revenue expectations improved from +9 to +12, headcount confidence was slightly up from -7 to -6 and investment intentions rose from -13 to -9.
The UK economic conditions are still the biggest factor affecting business, though was slightly down. With Andy Burnham becoming PM, taxation concerns rose as a concern and tax uncertainty was considered to be one of the biggest things to be affecting growth and investment.
Global economic conditions fell from 43% to 36% as a source of concern, overtaken by compliance and regulation, and cost of energy as causes for concern.
Read more about the August IoD Economic Confidence Index.
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