UK business confidence hits highest since March
British businesses turned the most confident since March this month, bolstered by a rosier view of the economy, according to a survey that echoes other signs of an improving outlook.
Lloyds, a bank, said on Friday that its monthly business confidence index had risen by 4 points in August to +53 percent, above its average +47 percent over the past 12 months.
“Overall, businesses are reporting stronger customer demand, greater optimism about the wider economy and growing confidence in their own trading outlook, all of which will be helping to support investment and growth plans,” Amanda Murphy, chief executive of Lloyds Business and Commercial Banking, said.
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