British business confidence edges up to five-month maximum in December

British business confidence edges up to five-month maximum in December

Confidence among UK businesses has ascended to its highest value since July because businesses actually expect a busier 2018, although optimism is still below its level before the previous year's Brexit vote, as a poll by Lloyds Bank revealed on Friday.

In December, Lloyds' business barometer tacked on to +28 versus November’s reading of +24, compared to a pre-referendum average of about +44.

Official data to be released a bit later is believed to confirm that UK annual economic surge held at 1.5% for the last months to September versus an average of more than 2% before the referendum to break up with the European Union.

The outcome hints that the UK economy keeps expanding in the fourth quarter at rather a similar tempo to recent quarters, as some financial analysts told.

Nevertheless, larger businesses reported the weakest business prospects and also the biggest worries as for the impact of Brexit.


Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera