Business Confidence Survey Q2 2020
30 September 2020
FDF’s newly-released Q2 2020 Business Confidence report shows that net business confidence among food and drink manufacturers fell to a record low in Q2, reaching -65%, which reflect the impact of COVID-19 on the UK economy. GVA and exports declined in Q2, while inflation and wages increased.
Topics
Download (859 kb)Businesses indicated lack of demand from the hospitality sector and uncertainty over the UK-EU trade deal as key concerns for 2020.