- Analytics
- News and Tools
- Market News
- Sentiment among UK financial services firms improved for the first time in 12 quarters - survey
Sentiment among UK financial services firms improved for the first time in 12 quarters - survey
Survey results from the Confederation of British Industry and PwC showed that sentiment among British financial services firms improved for the first time in twelve quarters.
According to the report, a balance of 8% expects business situation to improve compared with three months ago. This was the fastest since June 2015. Looking ahead to the quarter to March, a net 14% forecast business volumes to return to growth, the strongest expectations since March 2018.
"However, the sector isn't quite out of the woods yet. Against the backdrop of another fall in business and profits, Brexit uncertainty continues to drag on investment plans, and concerns over labour shortages have spiked," Rain Newton-Smith, CBI chief economist, said.
The survey was conducted before the 2019 general election.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
