Yorkshire business confidence lowest in UK despite growing investment plans, says Lloyds report
Business confidence in Yorkshire has dropped to the lowest level in the UK, while recruitment plans have fallen and pay rises stalled, but investment still looks set to improve, according to the latest Business in Britain report from Lloyds Bank.
Business confidence – calculated as an average of respondents’ expected sales, orders and profits over the next six months – dropped to 15% across the Yorkshire and Humber region compared with 23% in July 2017. It was the lowest confidence level recorded of all 11 UK regions.
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