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Birmingham Post

Business

Hannah Baker

South West bosses to target growth in 2023 as business confidence returns

South West Lloyds Bank Commercial Banking Inflation

Business leaders in the South West are growing more confident about the future of their companies and are looking to target growth in the New Year, new research has revealed.

Overall business confidence in the region rose 12 points during December to 17% - the highest level since August - according to the latest Business Barometer from Lloyds Bank Commercial Banking.

South West firms also reported higher confidence in their own business prospects month-on-month - up 15 points at 34%.

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