UK business confidence softens but remains above long-term average
Business confidence fell in November by eight points to 42%, according to the latest Lloyds Business Barometer, but remains above the long-term average of 30%.
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Business confidence fell in November by eight points to 42%, according to the latest Lloyds Business Barometer, but remains above the long-term average of 30%.
A combination of lower interest rates, higher incomes and limited property price growth has improved first-time buyer affordability over the last year, according to new research from Lloyds, part of the UK’s biggest mortgage lender.
Lloyds Banking Group will make a further £1 billion of lending available to first-time buyers by reducing the minimum household income required for First Time Buyer Boost, meaning even more people can borrow up to 5.5x their income with Lloyds or Halifax.
Lloyds Banking Group will make over £35 billion of new finance available next year to companies operating and investing in the UK. Of this, £9.5 billion will be dedicated to small and medium-sized enterprises (SMEs).
Lloyds customers have reclaimed approximately £2million for purchases where goods failed to arrive, turned out to be poor-quality imitations, or resulted in unauthorised subscriptions.
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