LONDON - British business confidence declined in September as optimism about the economic outlook faded, a survey showed on Friday, adding to signs of a slowdown in the economy. The LloydsNS child killer Penny Boudreau and the path to eventual release | SaltWireLONDON - British business confidence declined in September as optimism about the economic outlook faded, a survey showed on Friday, adding to signs of a slowdown in the economy.
While painting a less downbeat picture than other indicators like the S&P Global PMI, the decline in the Lloyds barometer fitted with other signs of a slowing economy - something the Bank of England highlighted as it left interest rates on hold last week. "Although the economic environment remains uncertain with inflation and interest rate pressures playing their part, the recent decision by the Bank of England...is likely to help businesses feel more upbeat about the future," he said.