This represents the lowest confidence level in the chancellor since the Sept 11 terror attacks, and comes just two days before he is scheduled to deliver his pre-Budget speech.
The MORI poll, conducted for the Financial Times found the biggest drop in optimism was felt amongst managerial and professional staff, as well as amongst the unskilled and unemployed.
In terms of economic regions, the biggest fall was in confidence was felt in London.
In his speech on Wednesday, the chancellor is expected to announce plans to increase government borrowing, while an increase in taxes is also being predicted.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements