LONDON—July 18, 2021— BritishAmerican Business in partnership with Bain & Company have launched the Transatlantic Confidence Index Survey which examines the strength of the transatlantic trade, business and economic relationship.

The Index measures business confidence and priorities for companies operating in the US and the UK and makes a case for continued government attention to the transatlantic economic corridor.

BritishAmerican Business and Bain & Company surveyed 77 large or growing companies in April and May 2022. Fifty-four of the companies were US-based entities operating in the UK. This year, the survey was expanded to include 23 UK companies that are active in the US.

Among the key findings of the survey:
• The US and the UK continue to be a global model of bilateral trade and investment. Investors from both countries report moderate to strong levels of confidence in the transatlantic corridor.
• In 2022, US investors operating in the UK are slightly less confident than they were a year ago— but they remain relatively positive.
• UK companies that are operating in the US reported high confidence rates. Companies are concerned about business mobility and the perceived lack of a global US trade agenda.
• UK and US interest in a Free Trade Agreement (FTA) is currently being trumped by initiatives that can be pursued immediately outside the scope of an FTA such as improved business mobility, a data transfer agreement, and joint initiatives around sustainability.

To read the full report, click here.