{"id":172639,"date":"2025-10-01T11:13:06","date_gmt":"2025-10-01T11:13:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/172639\/"},"modified":"2025-10-01T11:13:06","modified_gmt":"2025-10-01T11:13:06","slug":"business-confidence-hits-record-low-ahead-of-budget-guido-fawkes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/172639\/","title":{"rendered":"Business Confidence Hits Record Low Ahead of Budget \u2013 Guido Fawkes"},"content":{"rendered":"<p>Business confidence has hit a record low, according to the latest Institute of Directors survey. Optimism in the economy fell to -74 in September, a 13-point drop from last month. That\u2019s the lowest level since the survey began nine years ago. And below levels after Truss\u2019 mini-budget\u2026<\/p>\n<p>Businesses blame looming tax hikes in the Winter Budget, with the IoD\u2019s Chief Economist Anna Leach saying:<\/p>\n<p>\u201cConditions worsened across the board, with cost expectations hitting a record high, driven notably by employment costs. Persistent fears that taxes on business and assets will rise are stifling confidence, holding back investment and threatening growth and living standards.\u201d<\/p>\n<p>Starmer thanked businesses for their \u201ccontribution\u201d in his speech yesterday after the last tax raid. Soon he won\u2019t have many businesses left to thank\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"Business confidence has hit a record low, according to the latest Institute of Directors survey. Optimism in the&hellip;\n","protected":false},"author":2,"featured_media":172640,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[458,84,1294,56,54,55],"class_list":["post-172639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-budget","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/172639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=172639"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/172639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/172640"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=172639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=172639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=172639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}