UK firms' confidence slumps amid tax fears
This is a UK news story, published by BBC, that relates primarily to Budget news.
UK news
For more UK news, you can click here:
more UK newsNews about United kingdom business & economics
For more United kingdom business & economics news, you can click here:
more United kingdom business & economics newsBBC news
For more news from BBC, you can click here:
more news from BBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about United kingdom business & economics, you might also like this article about
UK economy. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Businesses confidence news, national insurance news, news about United kingdom business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
UK firmsBBC
•Tax fears hitting firms' confidence, says business group
81% Informative
Confidence among UK firms has "slumped" as they face a "pressure cooker of rising costs and taxes", says business group.
Survey of more than 4,800 firms suggests confidence has fallen to its lowest level for two years .
Two-thirds of firms worried about taxes following the Budget , which announced a rise in national insurance contributions.
VR Score
88
Informative language
89
Neutral language
52
Article tone
informal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
1
Affiliate links
no affiliate links