KEY POINTS
- IoD survey shows business confidence at record low in September
- IoD calls on Chancellor Reeves for growth-focused November budget
- Labour and energy costs top list of concerns for company bosses
Business sentiment in the UK hit a record low in September as companies expressed sharp concern over rising labour costs and energy bills. According to a survey by the Institute of Directors (IoD), cost expectations soared to new highs, and confidence among bosses has 'plumbed new depths' following a brief summer rebound.
