01-May-2025
Economy News
 
UK Business Morale Drops as Concerns Over Tariffs, Economy Mount
30-Apr-2025

British business sentiment fell to its lowest level in three months and employers were concerned about implications of U.S. tariffs and the wider economy as they grapple with higher employment costs, two industry surveys showed on Wednesday. The Lloyds Bank Business Barometer measure of confidence among companies fell by 10 points to 39% in April, the lowest since January when it stood at 37%, though it was still above its long-run average of 29%.

News Source:- https://money.usnews.com/investing/news/articles/2025-04-29/uk-business-morale-drops-as-concerns-over-tariffs-economy-mount