Welsh business confidence jumps to eight-month high, as more firms plan to hire

Welsh business confidence jumps to eight-month high, as more firms plan to hire

Business confidence in Wales rose to its highest level in eight months in March, according to the latest Business Barometer from Lloyds. Companies in Wales reported higher confidence in their own business prospects month-on-month, up 25 points at 56%. When taken alongside their optimism in the economy, up 27 points to 45%, this gives a headline confidence reading of 51% (vs. 24% in February) – the country’s highest level since July 2024. A net b…