UK consumers unfazed by Brexit storm, firms more upbeat – Lloyds Bank survey

According to the latest survey conducted by Lloyds Bank, the morale of the British consumers was unfazed by the ongoing Brexit uncertainty while the UK firms have scaled back their concerns.

Key Findings:

“While a business confidence survey published by Lloyds Bank rose for a second month in April - up four points to 14 percent - it was below its early 2019 level and its long-term average.

Lloyds said confidence among manufacturing, construction and services firms improved but fell among retailers.

The Lloyds survey polled 1,200 firms between April 1 and 16.”