RE: Lloyds Business Barometer30 Aug 2024 06:24
Hann-Ju Ho, Senior Economist,
Lloyds Bank Commercial Banking said: “As in July we’ve seen a particularly strong outcome for business confidence. It remains at an elevated level of 50%, which is well above the long-term average of 29% - and it has been above the average for the past 15 months. Official GDP data for the first half of this year was encouraging and the survey results indicate that solid economic performance will likely continue as we move into the second half of the year.