UK April business sentiment fell to its lowest level in three months
UK Lloyds Business Barometer for April 2025 comes in at a three month low of 39%
- prior 49%
- long-run average is 29%
- gauge of economic optimism fell by 13 points to 28%
- 70% of businesses expect to raise prices in the coming 12 months
Info comes via a Reuters report, which adds in on a survey the Confederation of British Industry:
- private sector output declined in the three months to April
- is expected to fall again in the three months to July
- "Private sector activity remains subdued, with our surveys pointing to weaker economic momentum than implied by official data,"
- "Uncertainty has ramped up over the last few weeks, following the back-and-forth on tariffs levied by the US and, subsequently, big movements in financial markets."
