British business confidence slid to a two-year low at the end of last year, pushed down by worries about tax following the Labour government’s first budget, a survey showed this week.
The Institute of Chartered Accountants in England and Wales (ICAEW) said its gauge of business morale fell to 0.2 in the fourth quarter, down from 14.4 in the third quarter.
It was the lowest reading since the fourth quarter
