The quarterly CEO Confidence Index for Q3 2024 reveals a significant drop in confidence among SME CEOs amid economic uncertainty, falling from 111.6 to 107.1.
Despite the prevailing challenges, almost two-thirds of leaders forecast increased revenue in the coming year, illustrating a complex optimism amidst broader economic concerns.
The government's upcoming Autumn Budget is a major concern, with only 18% of leaders believing their organizations will be unaffected by potential fiscal changes.
A notable 85% of CEOs are planning to integrate more AI into their operations as part of their strategy to navigate economic challenges and enhance efficiency.
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