Lloyds Bank's index of business confidence, their 'Business Barometer'
- up 3 points on the month to 35% in May
- Highest level of 2018
- From 32 in April
Via Reuters :
- The survey also showed the proportion of firms expecting Brexit to help their business rose to its highest level this year at 35 percent while 28 percent expected a negative impact
- "Business confidence is rising and firms appear to be brushing off the economic slowdown in the first quarter," Hann-Ju Ho, Senior Economist, Lloyds Bank Commercial Banking, said.
Earlier:
No discernible GBP impact from either data point, but there rarely is.