BUSINESS confidence has plummeted to a record low in the wake of the escalating global economic crisis, according to KPMG's quarterly national business confidence survey.Around two thirds (60%) of senior executives questioned said they now viewed prospects for UK business as "bad" or "very bad" compared to just a third in May.

A further 47% believe that Britain is already in recession, while 86% claim that the credit crunch ha......for the full story register now for free or login below...