[Confidence of British business leaders rises after Trump postpones tariffs] A survey shows that the optimism of British business leaders about the economy has reached its highest point since before the British Chancellor of the Exchequer released th

2025-05-01

[Confidence of British business leaders rises after Trump postpones tariffs] A survey shows that the optimism of British business leaders about the economy has reached its highest point since before the British Chancellor of the Exchequer released the autumn budget. The survey shows that US President Trump's decision to postpone the imposition of tariffs is easing people's concerns. The Institute of Directors (IoD) said on Thursday that its confidence index rose from -58 in March to -51 in April, the highest level since September last year. The index reflects the gap between executives who are optimistic about the economy and those who are pessimistic. IoD Chief Economist Anna Leach said that the overall sentiment of business leaders improved last month as Trump's toughest tariff measures were suspended for 90 days.