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UK CFOs Shift to Defensive Strategies Amid Cost and Tariff Concerns

4/14/2025

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Summary

Story summary

Deloitte's survey shows UK CFOs adopting defensive strategies due to rising costs and US tariff uncertainty.
63% prioritize cost control; 14% express increased pessimism compared to three months ago.
Geopolitical risks and US growth concerns are at record highs among CFOs.
Anticipated declines in corporate hiring and capital expenditure are expected over the next year.
46% identify tariffs and sanctions as major business concerns, a significant rise from 15% last year.

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Story summary

Deloitte's survey shows UK CFOs adopting defensive strategies due to rising costs and US tariff uncertainty.
63% prioritize cost control; 14% express increased pessimism compared to three months ago.
Geopolitical risks and US growth concerns are at record highs among CFOs.
Anticipated declines in corporate hiring and capital expenditure are expected over the next year.
46% identify tariffs and sanctions as major business concerns, a significant rise from 15% last year.