Diversify markets and innovate systems to thrive in 2022
Business confidence in the first quarter of 2022 has returned to pre-pandemic levels, suggesting that companies are looking to the future after an unprecedented two years, ICAEW says.
ICAEW’s Business Confidence Monitor (BCM), which surveys 1,000 chartered accountants across the UK, found confidence at 27.6 (out of 100) in the first quarterly index of 2022. Although this is significantly below the highest-ever reading of 47 two quarters ago, the peak was explained as a blip following the introduction of the vaccine.
