UK company directors have turned more pessimistic on the economy & investment

<p>A survey by the UK's Institute of Directors' (IoD), its confidence index, dropped to -28 in December</p><ul><li>from -21 in November</li><li>it had been rising from June into November </li><li>this index plots the gap between business leaders who are optimistic about the economy and those who are pessimistic</li><li>expectations for business investment, costs and wages, and
employment were all little changed</li></ul><p>Info via Reuters, more <a href="https://www.reuters.com/world/uk/uk-company-bosses-turn-gloomier-about-economy-iod-survey-2024-01-03/" target="_blank" rel="nofollow">here </a>(its not all bad news).</p>

This article was written by Eamonn Sheridan at www.forexlive.com.