Business confidence in Scotland rose four points during August to 36%, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in Scotland reported higher confidence in their own business prospects month-on-month, up 12 points at 53%. When taken alongside their optimism in the economy, down two points to 19%, this gives a headline confidence reading of 36%. …
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South West business confidence hits highest levels this year
Business confidence in the South West has reached its highest level yet in 2023. According to the latest Business Barometer from Lloyds Bank confidence rose 12 points during August to 46%, the highest reading since February 2022. Companies in the South West reported higher confidence in their own business prospects month-on-month, up two points at 49%. When taken alongside their …
Read More »U.S. consumer confidence retreats markedly in August, close to levels signaling recession
The numbers: The index of U.S. consumer confidence dipped to 106.1 in August from a revised 114 in the prior month, the Conference Board said Tuesday. Economists polled by The Wall Street Journal had forecast a modest pullback to 116 from the initial reading of 117, which was the highest level in two years. The revised July reading was the …
Read More »Consumer confidence falls in North East, Deloitte survey suggests
Consumer confidence has fallen in the North East as rising interest rates and high inflation hit people in their pockets, an influential survey suggests. The latest Deloitte Consumer Tracker reveals consumer confidence in the North East fell by five percentage points between April and June, while the region’s sentiment on the UK economy dropped by 14 percentage points, higher than …
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