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Deloitte CFO Survey: 2026 Q3

Geopolitics looms large

The quarterly Deloitte CFO Survey has been gauging sentiment and balance-sheet strategies among the UK’s largest businesses since 2007.

Key findings

  • Geopolitics has topped the CFO risk list for more than three years
  • CFOs expect inflation and interest rates to rise as the cost of credit hits a two-and-a-half-year high
  • Cost reduction remains CFOs' top business priority, with expansionary strategies losing favour
  • 67% of finance chiefs believe their organisations are around a quarter of the way through their AI adoption, while over a third expect AI to boost their businesses’ margins over the next 12 months


Darren Graves, Deloitte UK CEO
, added: “While CFOs are facing an uncertain economic environment, they are increasingly confident in AI’s potential to drive productivity and performance. Capturing that potential will take more than adopting new technology. The organisations that thrive will be those that consciously shape how AI is used, combining its power and speed with human judgement, experience and trust. The opportunity is not simply to automate today’s work, but to rethink how work gets done, strengthen decision-making and create new sources of growth.”

Download this quarter’s report here

Explore the data

Download the PDF to access all the historical data series from the Deloitte CFO Survey. Data from the CFO Survey is also hosted on LSEG Datastream, Bloomberg, Factset and Macrobond. Please feel free to use any of the data series in your documents or presentations.

Email Thomas Avis to receive a copy of our spreadsheet containing our CFO Survey data.

The Deloitte CFO Survey: 2026 Q2
Growing AI optimism

The Deloitte CFO Survey: 2026 Q1
Geopolitical risk dominates

The Deloitte CFO Survey: 2025 Q4
2026 - The year ahead

The Deloitte CFO Survey: 2025 Q3
Cost pressures mount

The Deloitte CFO Survey: 2025 Q2
UK: a top investment destination

The Deloitte CFO Survey: 2025 Q1
Defensive strategies dominate

The Deloitte CFO Survey: 2024 Q4
CFOs double down on costs

The Deloitte CFO Survey: 2024 Q3
Geopolitical risk to the fore

The Deloitte CFO Survey: 2024 Q2
Confidence up, uncertainty down

The Deloitte CFO Survey: 2024 Q1
Turning the corner

The Deloitte CFO Survey: 2023 Q4
A positive start to 2024

The Deloitte CFO Survey: 2023 Q3
Debt is out of favour

The Deloitte CFO Survey: 2023 Q2
Interest rate worries

The Deloitte CFO Survey: 2023 Q1
Business confidence bounces

The Deloitte CFO Survey: 2022 Q4
Credit conditions tighten

The Deloitte CFO Survey: 2022 Q3
The credit squeeze is here

The Deloitte CFO Survey: 2022 Q2
Braced for recession

The Deloitte CFO Survey: 2022 Q1
Growth in a riskier world

The Deloitte CFO Survey: 2021 Q4
Going for Growth

The Deloitte CFO Survey: 2021 Q3
Investment is the focus

The Deloitte CFO Survey: 2021 Q2
Growth is the priority

The Deloitte CFO Survey: 2021 Q1
CFO optimism reaches record levels

The Deloitte CFO Survey: 2020 Q4
2021: Lasting change and growth

The Deloitte CFO Survey: 2020 Q3
The long COVID recovery

The Deloitte CFO Survey: 2020 Q2
No quick bounce back

The Deloitte CFO Survey: 2020 Q1
Crash, slow recovery, lasting change

The Deloitte CFO Survey: 2019 Q4
Business confidence soars

The Deloitte CFO Survey: 2019 Q3
Persistent uncertainty takes its toll

The Deloitte CFO Survey: 2019 Q2
Corporate caution, financial market optimism

The Deloitte CFO Survey: 2019 Q1
The dash for cash

The Deloitte CFO Survey: 2018 Q4
Cost is king

The Deloitte CFO Survey: 2018 Q3
Deal or no deal – that is the question

The Deloitte CFO Survey: 2018 Q2
Defensive and watchful

The Deloitte CFO Survey: 2018 Q1
Brexit transition boosts business confidence

The Deloitte CFO Survey: 2017 Q4
Focus on cost control, no retreat on growth

The Deloitte CFO Survey: 2017 Q3
Optimism bounces

The Deloitte CFO Survey: 2017 Q2
Post election dip in business confidence

The Deloitte CFO Survey: 2017 Q1
Brexit shock eases

The Deloitte CFO Survey: 2016 Q4
Greater optimism yet to ignite risk appetite

The Deloitte CFO Survey: 2016 Q3
Brexit looms large

The Deloitte CFO Survey: 2016 Q2
Brexit blow to business confidence

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