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Businesses approach the new year with caution, study finds

With supply chain challenges also likely to continue into 2022, it’s expected that optimism will at the very least stagnate over the next quarter, with the potential for significant downward pressures if further covid restrictions are introduced.

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Business optimism and output growth across the UK fell in December, as firms contend with the effects of the Omicron Covid-19 variant, according to the latest Business Trends report from accountancy and business advisory firm BDO LLP.

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