UK business output fell sharply in November, with BDO’s Output Index recording its steepest drop in over three years.
Employment hit a 14-year low, reflecting soft hiring, higher costs and wider labour-market cooling.
Rising unemployment, payroll declines and muted consumer confidence signalled increased caution among firms.
BDO expects labour pressures to persist into early 2026.
Employment hit a 14-year low, reflecting soft hiring, higher costs and wider labour-market cooling.
Rising unemployment, payroll declines and muted consumer confidence signalled increased caution among firms.
BDO expects labour pressures to persist into early 2026.
