Credit, collections & insolvency news
The latest Lloyds Bank Business Barometer showed that business confidence remained at 50% in August. Although there was no increase to the overall confidence figure, the result highlighted the continued positivity amongst businesses, with confidence still at the highest level reported since November 2015. This continued confidence was displayed in the economic optimism metric, which…
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The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, fell back to -12 in August, following a three-year high of +7 in July 2024. Business leader confidence in their own organisations also fell from +36 in July to +23 in August. This reduction in confidence is also…
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The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, bounced to +7 in July 2024, from -14 in June. This is the highest result that the Index has registered since July 2021 (+22), which was also the last time the Index was positive. The underlying indicators showed…
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Optimism in British companies has reached its highest level in over seven years, according to a survey by Lloyds Bank. The bank’s Business Barometer shows that trading prospects for the next 12 months rose to 56% in July, up from 44% in June. This is the highest level since April 2017. The survey also found…
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Business confidence climbed to its highest point in 2 years, reaching a score of 16.7 in the second quarter of this year, according to a survey by the Institute of Chartered Accountants (ICAEW) in England and Wales. The increase in confidence was driven by falling inflation and forecasts for better sales. Strong wage growth and…
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Confidence among British businesses fell from an eight-year high in June, according to analysis by Lloyds Banking Group. The research showed that business confidence fell by 9 points to 41% in June. Despite falling from last month’s highs, this latest confidence reading is consistent with levels seen during Q1 2024, before the sharp rise in…
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Business confidence has reached its highest level in nearly a decade, according to Lloyds Bank’s latest business barometer index. The index has found that overall business confidence reached its highest level for over eight years. Confidence increased by 8 points – up to 50% – a level last exceeded in November 2015. Survey data suggests…
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The Institute of Director’s (IoD) Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, rose to -10 in April 2024 from -12 in March. This increase sustains the leap upwards that the Index experienced in March, and continues its steady recovery from its recent low point of -31 in June…
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Research by the Institute of Chartered Accountants in England and Wales (ICAEW) has found that business confidence tripled to 14.4 in the first quarter of 2024, up from just 4.2 in the final quarter of last year. Sentiment was at its highest level since Q1 2022. The quarterly index increased threefold to 14.4 in Q1…
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Lloyds Bank’s latest Business Barometer has found that business confidence remains high, with March’s figures unchanged month-on-month at 42%. In a promising sign of a return to economic growth, this month’s survey data reflects the continued confidence firms have demonstrated so far in 2024 and means the overall business confidence level remains well above the…
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New data from the Institute of Directors shows that business confidence in the wider economy has dropped back to the levels seen in the latter part of 2023, having seen a brief uplift at the start of this year. Whilst business leaders’ views about their own organisations’ prospects remain more positive, investment and export expectations…
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Business confidence has hit its highest level since the first quarter of 2022, according to the British Chamber of Commerce (BCC) quarterly economic survey. The research shows a small rise in business confidence in the final quarter of 2023. The percentage of firms expecting an increase in turnover over the next year (56%) has risen…
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Business leaders in the financial services sector are feeling optimistic moving into 2024, according to new research from KPMG UK. The survey of senior executives working in the sector found that 87% are ‘confident’ when it comes to overall business growth in the first quarter of 2024, supported by a buoyant outlook on profitability for…
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