Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Lauren Phillips

EXPLAINED: Confidence among welsh firms grows for second month | Vintage Vibes

Confidence among businesses in Wales continued to grow for a second consecutive month in November. The latest report from Lloyd's Bank Business Barometer found that business confidence rose 12 points from October to 17% - the second highest increase in the UK after Scotland.

Welsh firms reported higher confidence in their own business prospects month-on-month, up 24 points at 36%. Taken alongside their optimism in the economy, down one point to -3%, this gave a positivie headline confidence reading of 17%.

Welsh businesses identified their top target areas for growth in the next six months as investing in their team (35%), evolving their offering (29%), and investing in sustainability (28%).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.