Credit, Collections & Insolvency News
The latest Lloyds Business Barometer found that confidence fell in November, with the index dipping three points to 41%. Considerably above the long-term average of 29%, the change followed a period of sustained positivity from businesses, as confidence reached the highest level reported since 2015 during May, July and August this year. The Business Barometer,…
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Business confidence in the UK has fallen to a four-month low, with Lloyds Bank’s Business Barometer seeing a three-point drop to 44% in October. It remains above the survey’s long-term average of 29%, an indication that confidence is still high from a historical standpoint, although the latest reading reaffirms a slight loss of optimism since…
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Business confidence fell for the first time in a year as tax fears hit a joint record high ahead of the Autumn Budget according to sentiment tracking by ICAEW. The ICAEW’s Business Confidence Monitor (BCM) dropped to 14.4 on the index in Q3, the first decline in 12 months and down on last quarter’s reading…
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Business confidence rose slightly in September as companies pinned their hopes on further interest rate cuts this year, despite a weakening labour market, stubborn inflation and uncertainty around the new Labour Government’s first Autumn Budget, according to the latest Business Trends report from business advisory and accountancy firm, BDO. The BDO Optimism Index rose to…
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British business confidence experienced a slight decline in September, falling by 3 percentage points to +47%, its lowest for three months according to the latest survey from Lloyds Bank. Confidence dipped to a three-month low in September. Business confidence remained higher than the long-term average of 29%. The dip followed a period of sustained positivity…
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The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy continued to fall in September to -38, from -12 in August 2024. This is the lowest result that the Index has registered since December 2022 (-58). Business leader confidence in their own organisations also fell from to +23…
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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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