South West business confidence drops sharply this month despite strong demand
Business confidence in the South West fell 30 points during September to 25%, according to the latest Business Barometer from Lloyds.
Companies in the region also reported lower confidence in their own trading outlook month-on-month, down 20 points at 41%.
When taken alongside their optimism in the economy, down 40 points to 9%, this gives a headline confidence reading of 25% compared with 55% in August.
Amanda Dorel, regional director for the South West at Lloyds, said: "Although confidence has fallen this month, it's encour... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
