IoD – Business confidence in the UK economy stabilises “just below neutral” in May
The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, stabilised at -6 in May 2023, little changed from the previous month’s value of -5 and ending a five-month climb from a low of -64 in November 2022. The current reading is a broadly neutral-to-negative stance, with 39%…