UK businesses remain deeply downbeat on outlook despite slight mood lift in May
UK businesses remain mired in deep pessimism, with a marginal May uplift failing to mask concerns over weak domestic demand and escalating costs driven by persistent Middle East tensions. Surveys from the Confederation of British Industry (CBI) and Institute of Directors (IoD) reveal output expectations are still sharply below pre-conflict levels, painting a bleak picture for the British economy. The Bank of England now faces an unenviable tightrope walk, caught between the need to stimulate demand and the imperative to tame inflation exacerbated by geopolitical shocks.










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