business confidence

Business confidence declines significantly

10th October 2022 Commercial Credit Management | #business confidence

A survey by the British Chambers of Commerce (BCC) has revealed a decline in business confidence in the past quarter with as many as four in ten firms saying they thought their profitability would fall in the next 12 months. Fewer businesses are reporting increased sales; only 33% of firms reported increased domestic sales, down…

Business confidence at its lowest since during national lockdown

31st August 2022 Commercial Credit Management | #business confidence

Confidence among British businesses is at its lowest since during the third national lockdown in early 2021, according to Lloyds Bank’s latest Business Barometer. Businesses reported a fall in confidence for the third consecutive month in August, declining nine points to 16%, The pressures on households and businesses continued to grow, leading confidence to fall below…

Business confidence hits 15-month low

1st July 2022 Commercial Credit Management | #business confidence

Businesses reported a fall in confidence this month, declining 10 points to 28% according to the latest Lloyds Bank Business Barometer. This is the lowest level since March 2021 when the economy emerged from the second Covid-19 wave. This fall in business confidence comes as inflation reaches its highest level for 40 years as the…

Business confidence increases

31st May 2022 Commercial Credit Management | #business confidence

Businesses are increasingly confident that they can use high inflation to rebuild their margins, the monthly barometer by Lloyds Bank has found. Confidence among firms has risen by five points on the index to reach 38%, significantly higher than the long-term average of 28%. This marks the first increase since Russia launched its invasion of…

Small businesses feeling more confident about growth as demand for loans rises

4th February 2022 Business Lending | #business confidence

Small business owners are feeling confident about taking on larger amounts of finance to support their growth ambitions in 2022, according to iwoca’s quarterly SME Expert Index. The index reveals that close to half (43%) of brokers saw financing for growth as the most common purpose for a loan among SMEs. This is the second…

Businesses’ confidence remains steady despite rising price concerns

1st February 2022 Commercial Credit Management | #business confidence

The latest Lloyds Bank Business Barometer shows that overall business confidence dropped by one point to 39% as firms highlighted continuing concerns about the pandemic and rising costs. The survey captured responses between 4th January and 18th January before the easing of work from home guidance by the UK governments and shows price expectations reached…

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