In a sign, perhaps, of just how perilous the economic situation remains for the whole of Europe in 2022, it has been reported that UK business confidence declined to a record low in June but still managed to be the highest on the continent in addition to being above the global trend.

That apparently somewhat contradictory state of affairs was set out by a business outlook survey reported on by Business Leader.

The magazine stated in the UK, there was a net balance of 28% more…