Investment and hiring outlook dips as COVID restrictions return

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The recovery in business leaders’ investment and hiring intentions has stalled, new figures from the Institute of Directors reveal.

Company directors’ net employment expectations for the year ahead remain negative, and actually fell slightly in September (from -6 to -11), while intended investment also failed to improve (dipping from -8 to -10). Both metrics are up from their record lows in May but below normal.

The IoD’s Autumn Confidence Tracker found that the recent improvement in directors’ outlook for their own firms slowed as well. However, their confidence in the wider economy continued to gradually lift, though it remains negative.

Directors’ confidence about the economy varied between different regions, with those in Yorkshire, the East Midlands, and

 link source - East Midlands Business Link General

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