A guide to business sentiment
Falls to 10 from 14 in April
- first decline for the indicator in 3 months
Lloyds Bank economist Hann-Ju Ho: on the data:
- "A slight dip in confidence this month appears largely to reflect companies' assessment of their own trading prospects for the coming year, and the anticipated impact of the UK leaving the EU"
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The Brexit delay last month has extended the uncertainty for business.