British companies’ expectations for growth have fallen to their lowest level this year, according to a survey by the Confederation of British Industry (CBI). The CBI’s gauge of expected output volumes for the next three months fell to -28 from -24, its lowest level since December 2025.
Survey Results
The survey followed last week’s S&P Global business surveys that showed the steepest downturn since January 2023 underway in the services sector, the growth engine of Britain’s economy. A separate survey from online jobs portal Adzuna showed job vacancies rose for a fourth month running.
The CBI’s gauge of growth for the past three months fell to -34 in June from -31 in May, the lowest reading since March. Output volumes in the services sector “fell significantly”, the CBI said—with consumer-facing and business services sub-sectors both struggling.
Adzuna said advertised salaries dropped by 0.2% on the month, but were 3.8% higher than a year ago. Graduate salaries were down 42% year-on-year, the sharpest drop on record.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
