Two-thirds of bosses feel negatively about budget, Reeves is told

Roger Barker, the director of policy at the Institute of Directors, remarked, "Even before the chancellor had risen to deliver her budget speech, the confidence of business leaders had hit its lowest level since December 2022." He added that the anticipated results from their snap post-budget poll indicate that sentiment is likely to have declined even further, raising concerns about the implications for business investment and economic recovery.

The ratings agency Moody's commented that the recent budget would do little to improve Britain's economic growth. They highlighted that Rachel Reeves's plans to increase government borrowing in the near term would add challenges to the effort of repairing public finances.

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