A measure of how business is faring in Brexit land
Lloyds Bank measure of business confidence in August to its lowest this year at 23 percent
- Citied were concerns about trading prospects for the year ahead and less economic optimism
- More detail via Reuters ::
- "Business confidence was resilient in the first half of the year, but has eased back recently," Hann-Ju Ho, a Lloyds economist, said. "This reflects changes in perceptions of Brexit risks, which underscores the importance of current EU-UK negotiations." The Lloyds survey found a weakening in hiring intentions by companies and softer expectations for pay growth.
Other UK data:
GBP doing little, off a few tics … barely moving