CEOs suffer crisis of confidence: survey
Downturn forces change in mindset
Downturn forces change in mindset
Confidence levels of UK business leaders have taken a hit – short-term
business confidence is at a five-year low, and 29% down on last year, a survey
has found.
The PricewaterhouseCoopers Global CEO survey also found that the current
angst may be short-lived. Many respondents indicated they were optimistic of a
recovery over the next three years.
CEOs saw the disruption of capital markets caused by the credit crunch. and
the resulting downturns in major economies. as the biggest threats to growth.
The new era has brought about a change in mindset among CEOs, according to
the survey. Rather than grow by acquisition, CEOs now say they are pursuing
lower-risk strategies such as financing new projects with internally-generated
funds.
More about:
The numbers you crunch tell a story. Your expertis...
15yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleTop six UK accounting firms met virtually in a meeting organised by the ICAEW to discuss the potential hit their reputations would take if they utilis...
View articleKPMG loses 26-year audit of Rolls-Royce to PwC, as other listed businesses announced tender results Read More...
View articleKPMG set to take on the Legal & General audit from PwC, months after also nabbing Standard Life from its Big Four rival Read More...
View articleEY has been proposed as the auditors of Schroders after a “competitive” tender process Read More...
View articleTwo of the biggest energy companies have proposed Deloitte as their new auditor Read More...
View articleEY becomes the latest Big Four firm to sign HM Treasury’s Women in Finance Charter Read More...
View articleFormer PwC chairman Ian Powell is set to join outsourcing firm Capita Read More...
View articleFormer PwC employees Antoine Deltour and Raphael Halet have been found guilty for their role in the Luxleaks scandal Read More...
View article