Business confidence dip amid crisis

Business confidence in the wider economy plunged in May as companies were shaken by developments in the crisis-hit eurozone, a survey shows.
The Lloyds Bank Wholesale Banking and Markets Business Barometer fell to minus 21% from 26% last month, meaning most respondents are negative on the view of the economy.
The eurozone crisis continued to escalate throughout May as fears grew over the health of the Spanish economy and the possibility of Greece exiting the euro.
Trevor Williams, chief economist at Lloyds Bank Wholesale Banking & Markets, said: "The renewed concern around the... read more

 
6 June 2012 in Yorkshire & Humber, Views: 3
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