London, United Kingdom. British companies’ expectations for growth in the coming quarter fell this month to their lowest level this year, according to a survey released this week, adding to a series of weak business sentiment readings. A separate survey from online jobs portal Adzuna showed job vacancies rose for a fourth consecutive month.
CBI survey signals weaker outlook
The Confederation of British Industry said its gauge of expected output volumes for the next three months, which measures confidence in the manufacturing, retail and services sectors, fell to -28 from -24. It was the lowest level since December 2025.
The CBI’s gauge of growth for the past three months fell to -34 in June from -31 in May, the lowest reading since March.
Services sector under pressure
The survey followed last week’s S&P Global business surveys, which showed the steepest downturn since January 2023 underway in the services sector, the growth engine of Britain’s economy.
The CBI said output volumes in the services sector fell significantly, with both consumer-facing and business services sub-sectors struggling.
Labour market data shows mixed picture
Adzuna said job vacancies increased for a fourth month in a row.
The company said advertised salaries fell by 0.2 per cent on the month but were 3.8 per cent higher than a year earlier. Graduate salaries were down 42 per cent year-on-year, the sharpest drop on record.
Survey coverage
The CBI Growth Indicator covered 848 companies from May 26 to June 12.