Geopolitics remains biggest business risk for UK CFOs, Deloitte finds

Corporate confidence edged lower in Q3 amid ongoing concerns over geopolitical uncertainty, following a “strong bounce” in optimism after this summer’s election, according to Deloitte’s latest survey of UK CFOs.It found that positive sentiment has fallen among CFOs, with a net 6% feeling more optimistic about the financial prospects of their businesses, against the net 23% reported three months ago. This is still above the long run average of net -1%.

According to Deloitte, UK CFOs also reported a “modest” increase in uncertainty, with 31% rating the level of external financial and economic uncertainty facing their business as high or very high, compared to 23% the last quarter.