Lloyds Bank and Enigio launch new trade digitisation partnership
Lloyds Bank and Enigio have launched a new long-term partnership to support greater use of digital documentation in trade finance through the use of blockchain technology.
Lloyds Bank and Enigio have launched a new long-term partnership to support greater use of digital documentation in trade finance through the use of blockchain technology.
Business confidence received a boost this month, increasing 11 points to 32%, the highest level since May 2022. This puts the level of business confidence above the long-term average of 28% for the first time since May last year.
More UK sectors reported an increase in output than at any time in the past 10 months in February, as stronger demand and weaker cost inflation drove activity, according to the Lloyds Bank UK Sector Tracker.
Business confidence saw a marginal decline this month, falling one point to 21% after strong gains in December and January.
For the first time in six months, all 14 sectors monitored by the Lloyds Bank UK Sector Tracker expect their output to grow over the next year, up from 13 in December.
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