Northern Ireland's Business Confidence continues to climb and is now almost identical to GB’s

According to Savanta’s MarketVue Business Confidence Index for Northern Ireland, business confidence improved significantly, from 33 in Q4 2022 to 37 in Q1 2023. Great Britain has also seen an increase this quarter, rising to 38.

Both scores still indicate that more businesses gave negative ratings than positive, but after so much uncertainty over the past few years, let’s hope the improvements we’ve seen are a sign that this trend can be reversed.

The survey was conducted between January and March 2023 and included 375 NI businesses of various sizes. A downloadable infographic is available for a snapshot of the results, dating back to the beginning of 2021.

Download our Northern Ireland infographic for a snapshot of the findings.

MarketVue Business Confidence from Savanta surveys 1000s of NI and GB businesses quarterly from start-ups to companies with £1bn turnover.

For further information and insights, reach out to Sue Lewis, Senior Director of Financial Services at Savanta, via email at [email protected] or by phone at 07813 717153.