UK business confidence fell to its lowest level since April 2025 in September, with companies citing higher energy costs and greater global uncertainty.
A Lloyds survey reported that executives had become more cautious about the economic outlook and future trading conditions. Reuters reported that the decline was linked partly to higher global energy prices and geopolitical uncertainty.
Businesses are also watching demand, inflation and borrowing costs as they plan investment and hiring.
More UK business coverage is available in the NewsNation Online Business section.
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Source: Reuters/Lloyds. Published September 30, 2026.
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