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UK business confidence slips lower in May

Lloyds Bank Business Barometer, a measure of sentiment amongst British businesses, fell to 28% in May from 33% in AprilMay is the first drop in 3 monthsbusinesses' optimism about the wider economy fell by six points to 22%trading prospects for the next twelve months fell for a second month in a rowgauge of hiring intentions fell back slightly to 24% in May, from the ten-month high of 27% in AprilLloyd's comments on the results:"The UK has avoided an outright contraction in GDP - indicating a cer... Read More

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Business

Confidence

Slips

Lower

Forex

Posted: May 30 2023, 23:31

Author Name: forexlive

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