BritishAmerican Business and Bain & Company’s Sixth Transatlantic Confidence Index: U.S. business confidence in the UK edges up to 6.4 as concerns about UK competitiveness grow

BritishAmerican Business (BAB) and Bain & Company released the sixth edition of the Transatlantic Confidence Index. Overall confidence edged up from 6.6 last year to 6.7. U.S. businesses’ confidence in the UK rose from 6.3 to 6.4, with taxes, regulation, and energy costs among their main concerns. UK businesses’ confidence in the U.S. rebounded from 7.5 to 8.1; 86% plan to increase investment in the U.S., while citing concerns about political stability, immigration, and trade policy.