UK business morale ticks lower but trading prospects healthy, Lloyds Bank says

- British business confidence ticked downwards in November to a five-month low but remained healthy overall, with companies still feeling upbeat about their trading prospects, a survey from Lloyds Banking Group (LON:

The barometer chimed with other business surveys that point to fairly stubborn price pressures and a slowdown in activity - though the degree of the downturn varies and the Lloyds survey points to much less weakness than in the S&P Global purchasing manager indexes. Manufacturers, services and construction firms grew more optimistic about their trading prospects, Lloyds Bank said, but retailers became gloomier - echoing a downbeat Confederation of British Industry survey.

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