Rising Business Confidence in London: Insights from the Lloyds Business Barometer
London businesses are feeling optimistic with confidence hitting 64% as hiring and tech investments surge.
In this episode of UK Business Morning, Alice and Lewis dive into the latest Lloyds Business Barometer report revealing a significant boost in business confidence in London. With confidence levels rising to 64%, businesses are not only optimistic about their own prospects but are also planning for growth through hiring and technology investments. London ranks second in the UK confidence rankings, behind Wales. The broader UK business confidence also saw an increase, with manufacturing and retail sectors showing notable gains. However, construction and services sectors experienced declines. The hosts discuss the implications of these trends with insights from Lloyds experts, highlighting the positive momentum and long-term growth strategies being adopted by businesses. Tune in for a comprehensive overview of the current business landscape and what it means for the future.
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