Business confidence bounced back from August’s nine-month low according to Lloyds Bank.

October 1, 2018

Lloyds Bank’s Business Barometer for September 2018 headlines ‘Business confidence recovers after August blip as economic optimism rises’.

Business confidence – an average of business prospects and economic optimism – bounced back from August’s nine-month low, rising six points in September to 29 per cent, according to the latest Business Barometer from Lloyds Bank Commercial Banking.

Hann-Ju Ho, Senior Economist, Lloyds Bank Commercial Banking, said: “August’s dip in economic confidence, and consequently in overall business confidence, appears to have been just that – a dip – and has been reversed in September.

“A brighter outlook, while potentially linked to what many firms saw as increasing signs of progress in Brexit negotiations earlier in the month, illustrates a more positive view on the balance of risks facing businesses as we enter the fourth quarter of the year.”

Read the Lloyds Bank’s Business Barometer – September 2018 report released 28th September 2018 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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