North West business confidence slumps further – but there is cause for optimism

North West business confidence slumps further – but there is cause for optimism

Business confidence in the North West slumped further in June as the local economy continued to be hit hard by the coronavirus outbreak.

According to Lloyds Bank Commercial Banking’s business barometer, business confidence levels fell six points during June to -31%, and  companies in the North West reported lower confidence in their business prospects month-on-month at -30%.

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