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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 2025 – Executive Summary
 

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

Currently, 39% of respondents view their UK operations as performing positively or very positively, 40% as stable, and 21% as negative. These figures show a slight deterioration compared with the spring survey, suggesting that while sentiment remains generally positive, the economic environment has become more challenging for some. Consequently, the short-term outlook is less optimistic than six months ago. Now only 14% of firms expect the UK economy to improve over the next twelve months, while 42% anticipate sluggish performance.

The UK market’s importance remains a key driver of German investment in the country. However, investment plans within the German-British business community have been scaled back, with only about a quarter (down from one-third in spring) planning to expand activities in the next twelve months.

By a clear margin, our community believes that the UK Government’s top priority should be to continue improving relations with the European Union but measures to strengthen the UK’s regulatory competitiveness also remain vital for businesses.

The majority (54%) of companies are currently not affected by US trade policies – a slightly higher share than in spring – potentially indicating that more firms now focus solely on the British market, using the UK less as an international hub.

  • 14% of the survey participants have a positive outlook for the UK economy

    (slightly up from 10% in spring 2025)

  • 39% see their own operations performing positively

    (down from 47% in spring 2025)

  • 54% of companies are currently not affected by US trade policies

    (a slightly higher percentage than in spring 2025)

Previous Surveys:

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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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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 2023

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

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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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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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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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