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Birmingham Post
Birmingham Post
Business
Tom Pegden

East Midlands businesses back a better 2023, says survey

Almost two-thirds of business leaders in the East Midlands are confident they’ll have more success in 2023 than they did in what proved to be a tough 2022, according to a high street bank survey.

Despite war in Ukraine, inflation and rising interest rates, and the impact of Brexit on overseas trade, the latest data from Lloyds Bank suggests half expecting revenues to grow, while nine in 10 bosses are planning to invest in next year.

However a fifth expected their business to do worse in 2023 than 2022, according to the research carried out between December 1 and December 14 for the monthly Lloyds Bank Business Barometer.

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