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Birmingham Post
Birmingham Post
Business
Sion Barry

Surge in Welsh business confidence shows latest Lloyds research

Business confidence in Wales has soared, according to the latest business barometer from Lloyds Bank.

Companies in Wales reported higher confidence in their own business prospects month-on-month (compared with February), up 18 points at 33%. When taken alongside their optimism in the economy, up 32 points to 19%, it gave an overall headline confidence reading of 26% (up 25 points).

Welsh businesses identified, in a survey conducted before the Budget, their top target areas for growth in the next six months as evolving their offer (35%), investing in their team (32%) and diversifying into new markets (27%).

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