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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Pre-budget lift for Rachel Reeves as UK business confidence rises

Rachel Reeves during a visit in central London
The chancellor, Rachel Reeves, is expected to announce a date for her autumn budget within days. Photograph: Yui Mok/PA

Confidence among UK businesses has grown despite anxiety about the state of the economy, in a rare slice of positive news for the chancellor, Rachel Reeves, in the run-up to her autumn budget.

An August poll of UK companies by Lloyds Bank showed that improved sentiment among manufacturers and retailers helped push overall optimism within UK plc up by two percentage points, with 54% of companies now feeling confident in the current environment.

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