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Data Starter: UK business confidence 2024-2026

Elizabeth Veal

30th October 2026

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Are businesses feeling less confident?

Using the Trading Economics chart (use the 3Y one), do these data calculation questions:

  1. In which two quarters were businesses feeling confident? Compare the average positive confidence of these two quarters to the average of the two quarters with lowest confidence.
  2. Calculate the point difference in business confidence between the highest and lowest levels of confidence between Q3 2024 and Q3 2026.

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.