LONDON – Sentiment among British businesses fell for the first time in three months in May as firms were less optimistic about the economy and their trading prospects despite some signs of resilience in the economy, a survey showed on Wednesday. The Lloyds Bank Business Barometer fell to 28 percent in May from 33 percent in April, its first decline since February, but in line with the survey's long-term average. 'The UK has avoided an outright contraction in GDP – indicating a certain amount of underlying resilience in the economy,' Hann-Ju Ho, senior economist at Lloyds Bank said.

https://business.inquirer.net/403477/uk-business-confidence-dips-in-may-inflation-pressures-persist-lloyds

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