Institute of Director members will be surveyed on how they think the economy is performing ahead of the States’ key tax debate early next year.

It is the fourth edition of the Economic Confidence Survey which looks to build on sentiment already expressed by the business community and will be shared with the government later this year.

Members of the industry body will be asked what challenges their organisations are facing and solutions for fixing Guernsey’s financial woes.

It runs from 4 November to 17 November and is available to members online.

Richard Hemans, IoD Guernsey’s economic lead, said: “This is now our fourth survey, and it continues to strengthen the evidence base we use to represent the business community, giving Guernsey’s directors and business leaders a collective voice.

“The findings in May 2025 showed early signs of renewed optimism, particularly in finance and professional services, and as we enter the fourth round, we hope to gain a clearer picture of how businesses are adapting to persistent pressures, external change and policy uncertainty.”

The third survey conducted in spring saw net confidence in the economy increase by 14 percentage points to -11%, but this was noted as being far higher than the UK which had a confidence reading of -51%.

This was on the back of positive outcomes in the Moneyval evaluation, but other sectors such as retail and construction saw a sharp decline in confidence.