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'Encouraging' signs for UK economy as business confidence rebounds

Summary by City AM

Business confidence rebounded rapidly in February, according to a new survey, with firms increasingly optimistic about the health of the economy. Firms also reported that they were significantly more likely to hire new workers than the previous month, suggesting the Budget blow to the labour market may be less than feared. “The findings of the latest Business Barometer are encouraging, showing a significant uplift in business confidence and econ…

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essexmagazine.co.uk

EAST’S BUSINESS CONFIDENCE RISES IN FEBRUARY - Essex Magazine

Business confidence in the East of England rose 34 points during February to 61%, according to the latest Business Barometer from Lloyds. Companies in the region reported higher confidence in their own business prospects month-on-month, up 25 points at 74%. When taken alongside their optimism in the economy, up 42 points to 48%, this gives […]

3 days ago

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AllWork.Space

U.K. Business Confidence Jumps, Spurring Hiring Plans

British businesses turned more optimistic for the first time in seven months in February as they took a brighter view on the economy and ramped up their hiring plans, according to a survey published on Friday. Striking a more upbeat note than other recent gauges of sentiment among employers, the Lloyds Bank Business Barometer hit its highest since July and August of last year at 49%, up from 37% in January which was its lowest in more than a yea…

3 days ago

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business-live.co.uk

UK business confidence recovers rapidly in Feb after Budget blow, survey shows

The UK business confidence index increased from 37% in January to 49% in February, the highest level since August, new data has shown

4 days ago·London, United Kingdom

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Business Link Magazine

Hull businesses win praise from BID Exec Director - Business Link Magazine

HullBID Executive Director Kathryn Shillito has praised member businesses for building partnerships based on resilience and renewal in the face of continuing challenges. Speaking at the organisation’s annual awards night she said the combination of adaptability and unity would enable businesses to emerge stronger and maximise the opportunities to come during a year of positive […]

4 days ago

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Business Durham

North East Leads UK Business Confidence In February

The North East led the UK in business confidence in February, according to the latest Business Barometer from Lloyds. Companies in the North East reported higher confidence in their own business prospects month-on-month, up five points at 73%, and greater optimism in the economy, up 44 points to 66%. Taken together, this gives a headline confidence reading of 69% (vs. 45% in January) — the highest recorded in any UK nation or region in February.…

4 days ago

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