Press releases from Lloyds Banking Group and its brands

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Business confidence at 17-month low but remains above long-term average

Business confidence fell 12 points to 41% in September, the lowest level since April 2025, according to the Lloyds Business Barometer. This decline follows August’s reading of 53%, the second highest recorded this year, and buoyant results since May. While confidence remained well above the survey’s long term average of 30%, it was six points below the 12-month average of 47%.

Lloyds 30 Sep 2026

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Business confidence highest since March driven by stronger customer demand

Business confidence rose four points in August to 53%, according to the Lloyds Business Barometer, the highest reading since the start of the Middle East conflict in March (55%) and above the 12-month average of 47%. This is the second consecutive increase in business confidence, driven by a rise in economic optimism which is up 18 points since June.

Lloyds 28 Aug 2026

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