{"id":120668,"date":"2021-08-31T12:53:28","date_gmt":"2021-08-31T12:53:28","guid":{"rendered":"https:\/\/fin2me.com\/?p=120668"},"modified":"2021-08-31T12:53:28","modified_gmt":"2021-08-31T12:53:28","slug":"optimistic-uk-jabs-rollout-is-a-shot-in-arm-for-businesses","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/optimistic-uk-jabs-rollout-is-a-shot-in-arm-for-businesses\/","title":{"rendered":"Optimistic UK: Jabs rollout is a shot in arm for businesses"},"content":{"rendered":"

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The vaccine rollout and the easing of lockdown restrictions lifted levels of optimism by six points to 36 percent – the highest since April 2017.<\/p>\n

See the latest Covid vaccine stats below and visit InYourArea for all the Covid vaccine latest<\/span><\/i><\/b><\/p>\n

Economic confidence also rose by six points to 38 percent, offsetting the slight dip in July, the latest Lloyds Bank Business Barometer shows.<\/p>\n

Nine of the 12 UK regions and nations showed a lift in confidence – the North-west top on 64 percent.<\/p>\n

But pay growth expectations reached a three-year high, with more than a third of businesses predicting rises of at least two percent over the next 12 months.<\/p>\n

<\/p>\n

Companies expecting wage growth of three percent or more rose five points to 17 percent, a record level since the question was first asked in 2018.<\/p>\n

Confidence in construction, manufacturing and services was “notably” strong, despite supply disruptions and inflation fears, although retail optimism rose just two points to 34 percent, below its May peak.<\/p>\n

Price expectations for goods and services hit their highest level since December 2017, with 44 percent of companies expecting to charge higher prices over the next year.<\/p>\n

Lloyds Bank Commercial Banking senior economist Hann-Ju Ho said the four-year high “tells a positive story about the country’s recovery”.<\/p>\n

He added: “This confidence is driven by the continued success of the vaccine rollout, the removal of lockdown restrictions and adjustments to self-isolation rules.”<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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