3i survey highlights fall in European business confidence

Further indications of a possible economic slowdown are evident today in the declining levels of confidence in the business climate among UK and continental European private companies. According to the surveys undertaken by venture capital group 3i, its latest UK Enterprise Barometer index now stands at -41 and the continental index at +10, down from -17 and +58 respectively on the last results published in November last year. The latest 3i Continental European Barometer index is now at its lowest level since May 1999. However, the barometer in each continental European country remai...