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German-British Business Outlook

The German-British Chamber conducts a bi-annual survey amongst its members and other economic actors to help evaluate the UK's economic climate. Here you can find summaries of the latest and previous surveys.

German-British Chamber Survey
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Autumn 2026 – Executive Summary

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Holding Steady, Feeling the Strain: German-British Businesses call for closer EU Ties

At present, 47% of respondents rate the current performance of their UK operations positively, 35% describe it as stable, and 18% report a more negative performance. These results mark a deterioration since spring, suggesting that while the overall picture remains broadly positive, conditions have become more challenging for some. Expectations for their own operations in the UK over the coming year have also weakened. By contrast, confidence in the wider British economy has improved over the past six months, although it remains subdued: 30% expect overall conditions to worsen, compared with only 20% who anticipate an improvement.

Investment plans within the German-British business community present a mixed picture. Over the last six months the proportion planning to expand their activities has risen from 14% to 23%, while 10% are scaling back investment and 7% are putting all such plans on hold. Meanwhile, 31% expect to recruit additional employees over the coming year (same as in spring 2026) but the proportion anticipating staff reductions has risen sharply, from 8% to 27%. This divergence may reflect geopolitical uncertainty and technological change.

Improving relations with the EU remains the community’s clearest policy priority. Three-quarters of respondents (75%) believe the UK Government should make this its foremost objective, consistent with previous surveys. Measures to make the UK’s regulatory framework more competitive also remain high on the business agenda.

Increasing competition from China is a major concern for only 14% of respondents, while 51% report no impact at all. This suggests that the community’s strong focus on the UK market and its substantial services sector presence offer some protection from these competitive pressures.

  • 75% of the respondents want to see an improvement in UK-EU relations.

    Effectively, this can be seen as an endorsement of the Prime Minister's commitment to do so.

  • 47% of respondents rate the performance of their UK operations positively.

    (down from 51% in spring 2026)

  • 20% of the survey participants have a positive outlook for the UK economy.

    (in spring 2026 this figure was at a mere 2%)

Previous Surveys:

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Spring 2026

German-British businesses remain resilient with strong current performance in the UK, but weak economic confidence is driving more cautious investment and key structural challenges persist.

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Autumn 2025

The Autumn 2025 survey of the German-British Chamber of Industry & Commerce shows softening confidence but continued commitment to the UK market.

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Spring 2025

The German-British business community continues to be upbeat for their UK business activities, but global challenges and weaker economic growth are beginning to bite.

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Autumn 2024

The German-British business community continues to be successful, but the overall sentiment is not as positive as it was six months ago. Unsurprisingly, participants believe the UK Government should continue to prioritise resetting its relationship with the EU, estimating that this could improve their trading conditions.

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Autumn 2023

Assessing the performance of their own activities in the UK, the German-British Business community is currently not as positive as it was six months ago. However, when looking ahead the mood continues to be optimistic.

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Spring 2023

Despite a flatlining economy, the sentiments in the German-British business community in the UK have improved significantly.

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Autumn 2022

“Challenging times ahead”, but for the German-British business community the UK is still a relatively good market and place for doing business

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Spring 2022

The German-British business community remains more positive about its own activities in the UK than about the British economy overall. The war in Ukraine and global supply chain issues present new challenges, which are increasingly affecting the business community. On the other hand, addressing climate change will offer significant business opportunities, however current initiatives in the UK are not yet seen as sufficient.

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