UK data: "Business confidence hits post-referendum highs"

The Lloyds Business Barometer for October

Comes in at 37

  • prior 24

The UK Telegraph is quick off the mark with analysis:

  • A net balance of 37pc of UK firms expect business prospects to improve
  • The strongest figure since the referendum in June
  • Firms also expect the wider economy to improve, with 47pc upbeat about the economy and only 13pc taking a negative view, leaving a net balance of 34pc which are optimistic about the country's direction

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