The latest Lloyds Bank Business Barometer shows business confidence remained unchanged at 40%. The survey captured responses between 26 November and 10 December, during which the Omicron variant emerged and before the Bank of England’s decision to increase base rate to 0.25%.
The number of UK sectors reporting output growth fell in November, as record input cost pressure squeezed firms’ margins, according to the Lloyds Bank UK Recovery Tracker.
Small declines in firms’ own trading prospects and economic optimism aggregated to see overall business confidence slip for the second consecutive month in November, according to the latest Lloyds Bank Business Barometer.
Increasing pressure and bigger workloads has led half (49%) of small businesses to report issues with their employees’ health and wellbeing over the past year, according to new research from Lloyds Bank Business.
Bargain loving Brits are yet to ramp up their spending as Black Friday approaches, with debit card spending at retail outlets up just 2% in two weeks,, the latest spending analysis from Lloyds Bank has found.
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