Greater optimism among companies in August about post-Covid recovery, says Lloyds
UK business confidence has hit a four-year high, thanks to growing optimism about the post-Covid recovery, but companies highlighted concerns about staff shortages, which could push up pay in the coming months.
The vaccine rollout, removal of lockdown restrictions and changes to self-isolation rules all contributed to greater optimism among firms in August, according to the latest snapshot from Lloyds Bank.