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According to the latest survey conducted on UK’s Chief Financial Officers (CFO), the confidence among the CFOs is seeing the biggest quarterly fall since the survey started in 2007.

Key findings

Risk appetite lowest since 2008.

A record 84% of CFOs are less confident.

Furlough scheme to be used by 59% of large UK corporates.

CFOs expect revenues this year to be 22% below pre-virus forecasts.