UK Business Sentiment Remains Subdued in May Surveys
British firms remain downbeat as weak household spending and geopolitical risks weigh on activity. While CBI expectations stay low, small business confidence improved.
Xurve View
Xurve View
United Kingdom businesses reported a continued economic downturn in May as output expectations remained near multi-month lows. The Confederation of British Industry (CBI) output balance fell to -31 from -24 in April. Weak household spending and geopolitical tensions in the Middle East are stalling corporate investment and growth.
