Business confidence dips
Tuesday 27 January 1998
Business confidence in the UK has begun to fall for the first time in a year, according to a quarterly survey of bosses by the Institute of Management. The Institute's confidence indicator dipped from 60 per cent to 51 per cent, following 12 months of steady increases. Managers blame fears of inflation for the shift, with 51 per cent expecting to pay more to suppliers.
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